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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (5270)	3/14/2004 8:55:59 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 90947

I assumed figures were for earned income only because of the way Lizzie's example was phrased (she talked about how each taxpayer "makes" 80 or 150K). If you start saying, well, one taxpayer's income was from a job and the other's from investments, that's not an apples-to-apples comparison. In addition, if Taxpayer A or B had income from cap gains (or now dividends) taxed at a lower rate, then their effective tax rate would fall, not rise, so Lizzie's Taxpayer A would still have no chance of getting to 40 percent. As far as I can figure, there is no way for a Taxpayer making 80K a year to pay 40 percent of that 80K in taxes. If there is, I'd love to hear about it. If there isn't, she is spreading false information trying to support a political point.