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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (319542)1/12/2007 12:32:03 PM
From: steve harris  Read Replies (1) of 1574261
 
You missed this part.

For example the BEA counts capital gains taxes as "taxes", but does not count capital gains as "income" for various reasons.

In calculating the tax burden of a state, total taxes are divided by total income, as reported by the BEA. High-income taxpayers tend to increase the average tax burden -- just as including low-income taxpayers decrease it. This percentage is what is called the "nation's total tax burden."
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