NEW YORK (CNN/Money)- The president's tax-reform advisory panel submitted two final proposals Tuesday morning to the Treasury Department, both of which offer significant changes to the tax breaks people have come to expect ....

In the panel's first proposal, focused on simplifying the tax code, dividends from domestic earnings would be tax-free ....

So let me get this straight. If I inherit enough Exxon stock to live off the dividends, I will pay no federal taxes.

But if I actually roll my ass out of bed every morning to show up to drive a school bus or teach America's children or patrol America's streets or ring up groceries or wait on tables, my work-my-ass-off, earned income is taxed?

Why aren't Democrats ALL over this?