Kurt Ullman wrote in
m:

In article ,
Doug Miller wrote:

On average, perhaps. But why do you continue to refuse to acknowledge that
those whose
income is derived mostly, or entirely, from investments pay a lower rate than
those whose
income is derived mostly, or entirely, from salary or wages?
Didn't know I was doing that.

Obviously you are, by your continuing insistence on the next sentence:

So, why do you continue to refuse to
acknowledge that those in the higher brackets pay a higher effective
rate overall than those in the lower ones?

Because it's a false statement. The truth is that *some* in the higher brackets pay a higher
effective rate, and some don't. To imply, as you consistently have, and continue to do, that
this is true of *all* of them is false. Regardless of income level, income derived from long-
term capital gains is *always* taxed at a significantly *lower* rate than income derived from
wages or salaries.