[bruinbirdman]

"Income tax is an “earned” money tax.

Not correct. There is "earned income" (wages, tips, etc.) and there is "unearned income" (dividends, interest, capital gains, etc).

Income tax is owed on any and all "income" (earned and unearned)after all considerations (deductions, allowances, etc.)

yitbos

[fightinbluhen51]

Ok, for the purposes of this article...income tax on your earned income...sorry my semantics didn’t get in there good enough.

Remember...they aren’t talking about altering the capital gains rates, taking away tax free munis, ect.