Xref: utzoo can.general:1282 ont.general:940 Path: utzoo!utgpu!watmath!watmsg!sccowan From: sccowan@watmsg.waterloo.edu (S. Crispin Cowan) Newsgroups: can.general,ont.general Subject: Re: income tax tips #23: new personal income tax rates Message-ID: <27113@watmath.waterloo.edu> Date: 14 Jun 89 20:00:32 GMT References: <1989Jun12.133058.28912@lsuc.on.ca> <2311@uwovax.uwo.ca> Sender: daemon@watmath.waterloo.edu Reply-To: sccowan@watmsg.waterloo.edu (S. Crispin Cowan) Organization: U. of Waterloo, Ontario Lines: 45 In article <2311@uwovax.uwo.ca> gerard@uwovax.uwo.ca (Gerard Stafleu) writes: >In article <1989Jun12.133058.28912@lsuc.on.ca>, dave@lsuc.on.ca (David Sherman) writes: >[Interesting article and table deleted] >> The bottom line is still that the marginal rate stays under 50%, >> meaning that even with a high income you'll keep over half of >> extra money you earn. [nifty analysis] > GNP >------------------------------------------------------------------------ >Total of all taxes, fees and levies collected by all levels of goverment > > >Also interesting is the "total personal tax pressure": > > Sum of all personal income >--------------------------------------------- >Taxes etc. payed by people having such income > >I would be inclined to call this number the "real" marginal tax rate, >although I realize I'm open to accusations of terminological confusion. >Unfortunately, I don't have these numbers. Does anyone? I believe non-voluntary taxes (i.e. most of them) to ba a form of armed extortion: pay them, or else armed people will come to take you away. "Never shoot at tax collectors while drunk--you might miss." (or something to that effect) Lazarus Long (a.k.a. Robert Heinlen) Does anyone know of a serious lobby group pushing for lower taxes (and spending, of course) that one could join? I'm really tired of paying for expensive government services that I didn't ask for and don't want. ---------------------------------------------------------------------- Login name: sccowan In real life: S. Crispin Cowan Office: DC3548 x3934 Home phone: 570-2517 Post Awful: 60 Overlea Drive, Kitchener, N2M 1T1 UUCP: watmath!watmsg!sccowan Domain: sccowan@watmsg.waterloo.edu "Everything to excess. Moderation is for monks." -Lazarus Long