[Happy Monkey]

Also, the entire notion of "already taxed" is silly. Your income is "already taxed" by the Feds when you pay state or local income tax. Your money is "already taxed" by income tax when you use it to buy goods and services and pay sales tax. The money that stores use to pay their employees was "already taxed" by sales tax on the product that the stores sold. Money is fungible; money that has been "already taxed" is exactly the same as money that hasn't. When you use that money in another way, it is subject to the taxes on that use.