[65413] in Cypherpunks

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Re: Workers Paradise. /Political rant.

daemon@ATHENA.MIT.EDU (Simon Spero)
Fri Sep 13 21:43:04 1996

Date: Fri, 13 Sep 1996 20:50:50 -0400 (EDT)
From: Simon Spero <ses@tipper.oit.unc.edu>
To: "Timothy C. May" <tcmay@got.net>
Cc: cypherpunks@toad.com
In-Reply-To: <ae5f0a3c0d021004fdbe@[207.167.93.63]>

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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