Quote Originally Posted by Yossarian View Post
Maybe, but all it did was lower the discrimination. Equity income (e.g. dividends) is still taxed at a higher rate than interest or wages.
Not to quibble over details, but qualified dividends are actually taxed at the same rate as capital gains. which is lower than income or interest rates.

http://en.wikipedia.org/wiki/Qualified_dividend

Ordinary dividends are taxed at the same rate as income from wages and interest.