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From: grl@charm.UUCP (George Lake)
Newsgroups: net.politics
Subject: taxes and the deficit
Message-ID: <534@charm.UUCP>
Date: Mon, 29-Oct-84 10:14:12 EST
Article-I.D.: charm.534
Posted: Mon Oct 29 10:14:12 1984
Date-Received: Tue, 30-Oct-84 01:15:22 EST
Organization: Physics Research @ AT&T Bell Labs Murray Hill NJ
Lines: 7

The following is only meant to be suggestive of the REAL cost of
the deficit and the real meaning of Reagan's "tax cuts".
The deficit is ~175 billion.  There are roughly 50 million families
in the US.  This is $3,500./family.  Since the median family income
is rougly $25,000., we are talking about an as yet "hidden tax"
of nearly 15%.  Are you really happy with that extra $50 you take
home every month?