TIP: Click on subject to list as thread! ANSI
echo: all-politics
to: GERHARD STRANGAR
from: BOB ACKLEY
date: 2017-11-20 11:08:00
subject: Taxes

> Am 15 Nov 17  11:09:18 schrob BOB ACKLEY an ALL  zum Thema 
> 
> 
> BA> Back in 1997 a friend of mind (Matt Russotto for those with long
> BA> memories) did a study based on 1992 data.
> BA> ---
> BA> (The) average income in 1992 was $23,227.
> [...]
> BA> Total state and federal taxes were $1,813,550 million.
> BA> For a figure of about 67%.
> BA> ----
> 
> With this type of calculation, he can proove that tax heavens have the
highest
> taxiation on the planet. :-)

Perhaps.  I first thought his calculation was suspect, but then I
realized that while the government *claims* it's only taking 40% of
incomes, we're paying another 27% in taxes hidden in the prices of
everything we purchase.

It also doesn't matter that he ignores corporate taxes because those
"corporate taxes" eventually are paid by Joe Citizen, who purchases the
goods or services those corporations are selling.                                                                                                                               

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