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Re: Workers Paradise. /Political rant.
On Fri, 13 Sep 1996, Timothy C. May wrote:
>
> The 70% already _are_ cutting the throats of the other 30%. It's called a
> 60%+ tax rate. This is the sum of: federal income tax, state income tax,
> city tax, sales tax, gas tax, energy tax, property tax, entertainment tax,
> special excise taxes on alcohol, cigarettes, etc., and miscellaneous other
I'm not sure how you get to 60%; I assume you're talking average tax
rate, not marginal; whenever I've tried to figure out my average rate,
even in California, it never went above ~31%. This included a pack of
fags a day, which is the most heavily indirect taxed item in your list.
If you're smoking enough to get up to 60%, you've got worse problems than
taxes :)
Simon
p.s.
Is anyone on cpunks working at Harry Browne's hq in DC? Some friends in
Carolina asked me to pick up some bumper stickers and stuff before I
leave the District.
---
Cause maybe (maybe) | In my mind I'm going to Carolina
you're gonna be the one that saves me | - back in Chapel Hill May 16th.
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