[quote SK in CV]
….Total income is $380,000. New tax applies on all investment income of $105,000.

….Tax does not apply because it’s under the $250,000 threshold.

….Tax applies on the lesser of investment income of $105,000 or total income less the threshold amount. ($305,000 less $250,000 or $55,000) Tax would only apply on the $55,000.
[/quote]

Looks like the tax is oriented againstthe savers/investors at a benifit to the debtors and defaulters. Not that all the ‘bailouts’ and loan principal renegotiations were not enough. –SNAFU..