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When Chuckie Gibson is telling us that academics at Saint Anselm College in New Hampshire are likely to be making $200,000/year, and the academics (who are in the audience) then laugh at him and jeer him -- well, gosh, what's the public supposed to think?  As it is, I believe they make about a quarter of that.

Gibson also thinks raising capital gains taxes will cripple the middle and working classes through their 401(k)s.  Problem:  401(k) income is taxed as (drumroll please) income, not capital gains.  Income tax rates are also higher than capital gains rates (which is the whole point of raising the latter), so Chuckie builds himself quite the rat's nest of stupid on that one.

George Will thinks lifting the cap on FICA will hit a couple who are retired firefighters bringing in $140,000/year.  Problem:  FICA is an individual tax on income, so, no, they wouldn't even come close.

Those are just the three biggest examples I've come across recently.  I'm sure there are plenty more.  Yeesh, you'd almost think the public had different financial interests from these idiots.

WHEEEEEEEEEEEEEEEEEEEEE!

by Drew J Jones (blahblahblah@blahblahblah.com) on Sun May 4th, 2008 at 10:16:46 AM EST
By the way, for all I know, the poll could be completely wrong.  As you said, it's Zogby.  The only pollster I've ever seen whose results become less accurate as the sample size increases.

WHEEEEEEEEEEEEEEEEEEEEE!
by Drew J Jones (blahblahblah@blahblahblah.com) on Sun May 4th, 2008 at 10:19:06 AM EST
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