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Path: utzoo!watmath!clyde!burl!ulysses!mhuxr!ihnp4!stolaf!umn-cs!digi-g!brian
From: brian@digi-g.UUCP (Brian Westley)
Newsgroups: net.politics,net.politics.theory
Subject: Re: Soaking the Rich
Message-ID: <525@digi-g.UUCP>
Date: Fri, 29-Mar-85 09:53:03 EST
Article-I.D.: digi-g.525
Posted: Fri Mar 29 09:53:03 1985
Date-Received: Sun, 31-Mar-85 03:17:19 EST
References: <1982@burdvax.UUCP>
Reply-To: brian@digi-g.UUCP (brian)
Organization: Digigraphic Systems Corp., Mpls, MN
Lines: 22
Xref: watmath net.politics:8291 net.politics.theory:511
Summary: 

<supply-side bug>

In article <1982@burdvax.UUCP> bnapl@burdvax.UUCP writes:
>
>Well the lastest statistics are in and it doesn't look good for those 
>who pooh-poohed the supply-side theory.
>
>The numbers from the IRS show that taxes paid by higher-income Americans
>rose from '82 to '83, just as from '81 to '82.  The numbers show that those
>with adjusted gross incomes over $50,000 paid approximately 12% more tax in
>'83 than in the previous year....[statistics]
>
>Tom Albrecht

Um, note that you are talking about ADJUSTED gross income (i.e. after all
the tax shelters (oops, I mean deductions) are subtracted).  I would like
to see gross income vs. taxes paid.  (the number of millionaires paying
absolutely NO tax has tripled in the last few years).

Merlyn Leroy
"...a dimension between stupidity and substance, between science and
superficiality, a place we call...The Usenet Zone"