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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. And after all | Email address remains unchanged You're my firewall - | ........First in Usenet.........
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