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Subject:  Re: Could your retirement survive this? Date:  5/9/2008  1:00 PM
Author:  tedhimself Number:  13027 of 22849

Obama seems to to NOT understand that many retirees supplement their Social Security income with interest, dividend, and capital gains income. Their proposals will only DECREASE total tax revenues, NOT increase tax revenues!!!!!!!

Could you back this up, the bolded part above, with some information and statistics? In other words, can you support this assertion? Preferably with some info that does not come from some far right propaganda errr.... think tank? I'd really like to believe that because I live off my dividends, and notice that my total tax bill on some 95,000 in income last year was only taxed at a total (not marginal) tax rate of only about 8%. This 8% is federal tax load on form 1040, and doesn't include state taxes.

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