Can you extrapolate?  What is not true?

Ok, lets take a step back on this, and look at how this affects a retiree.  Forget about the wealthy who making over 250K.  Let look at a retired elderly woman who is living on their dividend income of 35,350.  Under the current plan those dividends are taxed at 15% or  approx $5,250.  Under the new plan they are taxed...more