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Reply #16: Well, not according to ITEP [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009)

bain_sidhe

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Mon Dec-13-04 01:30 AM
Response to Reply #6

16. Well, not according to ITEP

Edited on Mon Dec-13-04 01:34 AM by bain_sidhe

That is, the Institute on Taxation and Economic Policy. All the numbers for the graphs were taken from this report (pdf file, sorry): Federal Taxation of Earnings versus Investment Income in 2004 http://www.itepnet.org/earnan.pdf

Bear in mind though, in their model "investment income" includes 70% of retirement income, so they're talking about senior citizens as well as workers, as well as interest and capital gains.

*On edit: ITEP's site is here: http://www.itepnet.org/

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