Re: Politically Correct Description of the Third World

[John D. Giorgis]

At 01:25 PM 2/10/01 -0800, Doug wrote:
>You might have a point if the rich _were_ paying 40%, but of course they are
>not.  

True, but no matter what deductions they might have, they are still facing
a marginal rate of 40%, which is confiscatory enough.

Additionally, I suspect that once you add in state, payroll, sales, and
misc. taxes, that the rich still get to the 40% figure.

JDG
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John D. Giorgis       -         [EMAIL PROTECTED]      -        ICQ #3527685
   "The point of living in a Republic after all, is that we do not live by 
   majority rule.   We live by laws and a variety of isntitutions designed 
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