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!burl!we13!ihnp4!inuxc!iuvax!notes
From: notes@iuvax.UUCP
Newsgroups: net.politics
Subject: Re: Do the rich pay their fair share? - (nf)
Message-ID: <327@iuvax.UUCP>
Date: Thu, 12-Apr-84 01:04:26 EST
Article-I.D.: iuvax.327
Posted: Thu Apr 12 01:04:26 1984
Date-Received: Fri, 13-Apr-84 08:16:19 EST
Sender: notes@iuvax.UUCP
Organization: Indiana University
Lines: 18

#R:uiucdcs:29200122:iuvax:2000024:000:724
iuvax!scsg    Apr 11 09:29:00 1984


The caveat about Adjusted Taxable Gross Income not accounting for
abusive tax shelters is the crux of the biscuit.  Sure, once you've
taken out half a person's income in deductions then the percentage
of taxes paid will seem more equitable.  But that is precisely how
117 millionaries actually ended up paying no taxes whatsoever after
Reagan's tax changes--they had no TAXABLE income after accounting
for their numerous tax shelters.  Your statistics were useful but
still fail to address the question of how much different income
groups pay in taxes based on their actual income, not their "taxable"
income.  But it certainly is refreshing to see some facts!
tim sevener
Indiana University, Bloomington
pur-ee!iuvax!scsg