Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site iuvax.UUCP Path: utzoo!watmath!clyde!floyd!harpo!ulysses!mhuxl!ihnp4!inuxc!iuvax!notes From: notes@iuvax.UUCP Newsgroups: net.politics Subject: Re: give-aways - (nf) Message-ID: <264@iuvax.UUCP> Date: Sun, 1-Apr-84 01:05:04 EST Article-I.D.: iuvax.264 Posted: Sun Apr 1 01:05:04 1984 Date-Received: Mon, 2-Apr-84 00:31:26 EST Sender: notes@iuvax.UUCP Organization: Indiana University Lines: 34 #R:teldata:-27900:iuvax:2000012:000:1719 iuvax!scsg Mar 31 18:48:00 1984 Well, it is true that most of your hard-earned tax dollars get given away to the undeserving, but those undeserving are not primarily the poor. In the first place 60% of federal income taxes go to the military to prepare for War. This does not benefit the ordinary worker because military expenditures tend to be capital intensive and studies have shown that they employ less people than just about any other comparable gov't expenditure. For most states, money spent for War preparations lose the State more money than it ever gains in terms of either jobs or spending within the State. Enormous sums also go for "tax expenditures". These are the tax deductions which allow the wealthy to avoid paying taxes--under Reagan these have increased enormously and mean that the middle-income taxpayer is forced to pay the taxes the wealthy should have paid but didn't. A symptom of the incredible unfairness of the Reagan tax changes is this fact reported in US News and World Report: the number of millionaires paying NO TAXES increased from 5 to 117 last tax year after Reagan's tax changes. Under Reagan what is happening is the transfer of income, not from the middle-class to the poor but from the middle-class to the rich. US News and World Report also reported in the same issue that the number of Americans making between 15-35,000 dollars has gone down by 15% in the last few years. Two different studies of the distribution of income both showed that income has been shifted from the middle and lower classes to the rich by several percentage points in the last few years. The best way to reduce our taxes is to make the rich pay theirs!! tim sevener Indiana University, Bloomington pur-ee!iuvax!scsg