[MurryMom]

New York Times gives impact of removal of dividend tax:

TAX BENEFITS FOR 2003 BY INCOME:

Income Percentile: 0-20

Income Range*: $0-9,964

Average Change in Tax: -$6

Percentage of Total Income Tax Change: 0.4%

Income Percentile: 20-40

Income Range*: $9,965-21,349

Average Change in Tax: -$20

Percentage of Total Income Tax Change: 1.3%

Income Percentile: 40-60

Income Range*: $21,350-37,834

Average Change in Tax: -$47

Percentage of Total Income Tax Change: 3.0%

Income Percentile: 60-80

Income Range*: $37,835-68,329

Average Change in Tax: -$168

Percentage of Total Income Tax Change: 10.7%

Income Percentile: 80-90

Income Range*: $68,330-98,053

Average Change in Tax: -$304

Percentage of Total Income Tax Change: 9.7%

Income Percentile: 90-95

Income Range*: $98,054-133,858

Average Change in Tax: -$622

Percentage of Total Income Tax Change: 9.9%

Income Percentile: 95-99

Income Range*: $133,859-316,894

Average Change in Tax: -$1,777

Percentage of Total Income Tax Change: 22.7%

Income Percentile: 99-100

Income Range*: $316,895 and up

Average Change in Tax: -$13,243

Percentage of Total Income Tax Change: 42.3%

*Adjusted gross income on tax return

[Grit]

So glad to see you again, Mom. It seems like you've been gone for ages. Where have you been hiding? DU? MichaelMoore.com?

[hchutch]

The rich pay the most taxes. It is only fair that they get most of the tax cut.

[kayak]