At 06:33 PM 1/28/01 -0600, Erik wrote:
>On Sun, Jan 28, 2001 at 02:29:05PM -0500, John D. Giorgis wrote:
>> At 10:24 AM 1/28/01 -0600, Erik wrote:
>> >Depending on how they calculated, I suppose that could be. But to be
>> >fair, they should really take into account the big tax break they
>> >get for the property, assuming they got a loan to buy it. Which likely
>> >offsets most or all of the property taxes.
>>
>> Which means that if they had found a non-home-owning couple of the same
>> income, they would pay even more of their income in taxes!!!!!!! Is that
>> *amazing* or what? This family is working two jobs to make ends meet, and
>> they are paying *half* of their income to the governments. Whew!
>
>Huh? Non home-owners don't pay property tax.
You missed it.
I was talking about two different families. My new hypothetical family
would not have a mortage payment tax-write-off, and thus would be paying
even more taxes than the Missouri couple featured.
Also, the 46% is all-tax-inclusive - income, property, sales, electricity,
gas, water, phone, etc.
JDG
__________________________________________________________
John D. Giorgis - [EMAIL PROTECTED] - ICQ #3527685
"Never tiring, never yielding, never finishing, we renew that purpose today:
to make our country more just and generous; to affirm the dignity of
our lives and every life." - George W. Bush Inaugural Address 1/20/01
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- Re: Politically Correct Description of the Third World Erik Reuter
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