Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84 exptools; site ihuxw.UUCP Path: utzoo!watmath!clyde!cbosgd!ihnp4!ihuxw!kalm From: kalm@ihuxw.UUCP (James ) Newsgroups: net.legal,net.taxes Subject: Re: Abuse of social contracts. (tax system) Message-ID: <1057@ihuxw.UUCP> Date: Tue, 19-Feb-85 15:07:31 EST Article-I.D.: ihuxw.1057 Posted: Tue Feb 19 15:07:31 1985 Date-Received: Fri, 22-Feb-85 07:07:19 EST References: <2748@dartvax.UUCP> <445@ahuta.UUCP> <399@lsuc.UUCP> <110@styx.UUCP>, <418@lsuc.UUCP> <512@homxb.UUCP> Organization: AT&T Bell Laboratories Lines: 27 Xref: watmath net.legal:1419 net.taxes:687 > I went through that excercise, and found although my marginal > federal tax rate is over 40%, my overall tax rate was 21%. > > The above "overall" tax rate would even be lower if I added > in the cost of the fringe benefits such as health insurance, > pensions, etc. paid for by my employer. > > I really don't object to a tax rate like that, to pay for > living in this society. I do object to the excessive > amounts spend on defense that we don't get our money's > worth for. > Herman Silbiger I might as well put in two cents worth: I agree, only if the money being spent on non-defense concerns was not MOSTLY (Yes, I said MOSTLY, not entirely,) WASTED. ("Providing jobs" is NOT necessarily 'not wasteful'). The government is impartial in this respect: It can waste money on anything. (NO form of government does ANYTHING right) -- Jim Kalmadge - AT&T Bell Labs IH 4b409 8-367-4325 (312) 979-4325 ihuxw!kalm