Mike wrote:
"Steven P. McNicoll" wrote in message
...
Larry Dighera wrote:
On Mon, 30 Jun 2008 22:31:19 GMT, "Mike"
wrote in X8dak.336$bn3.151@trnddc07:


But the fact remains, that what Obama is proposing will increase
payroll taxes _only_ for those _individuals_ (not households)
earning more than $102,000.00 annually.

Actually it's not even that. Someone with a million dollars in
investment income who has no wage income pays $0 FICA to begin
with.

That's why I stipulated 'payroll taxes.'

Of course, Bush cut the taxes on dividend income, so your
hypothetical investor not only doesn't pay FICA, she got an income
tax decrease to boot.


Does the fact that her dividend is simply her share of post income
tax profits mean anything at all to you?

Does the word "fact" mean anything to you?


Yes. I doubt that you know what it means.