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#1
July 1st 08, 02:05 AM
posted to rec.aviation.piloting
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Bush Threatens Veto Of Any Bills That Don't Include User Fees For Everyone Talking To ATC!
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 $0 FICA to begin with. That's why I stipulated 'payroll taxes.' Of course, Bush cut the taxes on dividend income, so your hypothetical investor not only doesn't pay FICA, she got an income tax decrease to boot. Does the fact that her dividend is simply her share of post income tax profits mean anything at all to you? 
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#2
July 1st 08, 11:38 PM
posted to rec.aviation.piloting
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Bush Threatens Veto Of Any Bills That Don't Include User Fees For Everyone Talking To ATC!
"Steven P. McNicoll" wrote in message
... Larry Dighera wrote: On Mon, 30 Jun 2008 22:31:19 GMT, "Mike" wrote in X8dak.336$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 $0 FICA to begin with. That's why I stipulated 'payroll taxes.' Of course, Bush cut the taxes on dividend income, so your hypothetical investor not only doesn't pay FICA, she got an income tax decrease to boot. Does the fact that her dividend is simply her share of post income tax profits mean anything at all to you? Does the word "fact" mean anything to you?
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#3
July 2nd 08, 03:29 AM
posted to rec.aviation.piloting
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Bush Threatens Veto Of Any Bills That Don't Include User Fees For Everyone Talking To ATC!
Mike wrote:
"Steven P. McNicoll" wrote in message ... Larry Dighera wrote: On Mon, 30 Jun 2008 22:31:19 GMT, "Mike" wrote in X8dak.336$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.
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