Need I remind you the figures in my post are from
the IRS and are applicable only to Federal Income
Tax? Capital gains tax is IN ADDITION TO Federal
Income Tax.

Lord you're dumb!

S.Simon


"Jeff Morris" wrote in message ...
Neal, you're proving you're almost as dumb as Horvath. The total tax paid
includes various components, including capital gains, which is 15%. The Very
Wealthy pay roughly the same, as a percentage of income, as the upper middle
class.

Sorry Neal. You don't understand you own numbers. If you provided a link, I
could help you with it. But almost all IRS data that talks about tax revenue
includes cap gains and the other categories in the 1040 form as income.

If they didn't, it would just make my argument stronger, since someone living
off of cap gains will pay only 15%, while a salary earner is in a higher
bracket.

If you need help, ask Horvath - he seems to be one step ahead of you.



"Simple Simon" wrote in message
...
Need I remind you the figures in my post are from
the IRS and are applicable only to Federal Income
Tax? Capital gains tax is IN ADDITION TO Federal
Income Tax.

Lord you're dumb!

S.Simon


"Jeff Morris" wrote in message
...
Neal, you're proving you're almost as dumb as Horvath. The total tax paid
includes various components, including capital gains, which is 15%. The
Very
Wealthy pay roughly the same, as a percentage of income, as the upper middle
class.