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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (484819)10/31/2003 9:24:56 PM
From: Peter O'Brien  Read Replies (1) | Respond to of 769670
 
Changing the question when you have been proven wrong! LOL!
Is that how you attempt to win an argument?

The question that YOU posed earlier was NOT how much
of the "tax benefit" was received. The question was
how much of "dividend income" is received.
I have clearly demonstrated that 41% of the "dividend
income" is received by returns with $100K or less
income.

Because of the highly progressive nature of the income
tax code, I am not surprised (and it is not unreasonable
in my opinion) that this translates into the top 1%
receiving 48% of the actual tax benefit.



To: TigerPaw who wrote (484819)10/31/2003 9:32:01 PM
From: Peter O'Brien  Respond to of 769670
 
>but it appears to say that 41% of the tax returns
>that declared a dividend were returns that were
>incomes of 100K or less.

No, you are not even reading this correctly.

That is NOT what it says!

It clearly breaks out the DOLLAR AMOUNT of dividend
income into the different income brackets.

It says that 41% of the TOTAL DOLLAR AMOUNT of
dividend payments were received on returns with
incomes of $100K or less.


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