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From: thomas@utah-gr.UUCP
Newsgroups: net.taxes
Subject: Re: We're being screwed?
Message-ID: <1764@utah-gr.UUCP>
Date: Tue, 15-Jul-86 18:57:24 EDT
Article-I.D.: utah-gr.1764
Posted: Tue Jul 15 18:57:24 1986
Date-Received: Fri, 18-Jul-86 05:47:45 EDT
References: <183@inuxa.UUCP> <584@nscpdc.UUCP>
Reply-To: thomas@utah-gr.UUCP (Spencer W. Thomas)
Distribution: na
Organization: University of Utah CS Dept
Lines: 14


Is it so surprising that some people will pay more under ANY tax change
(reform or otherwise)?  Obviously, with the government in a deficit
position, they are not going to lower taxes (except with a maniac like
RR at the helm).  So, if some pay less, some must pay more.  For
example, it appears that, depending on which version (or almagamation)
passes, we may end up paying more or less.  Exactly which, and how much
depends very heavily on the "pension" deductions (e.g., IRA, 401(k),
403(b)). In any case, assuming we decide not to make the "pension"
contributions if we will be taxed on the money, we will have more take-
home pay than before (but less retirement money).  

-- 
=Spencer   ({ihnp4,decvax}!utah-cs!thomas, thomas@utah-cs.ARPA)