In Reply to: Re: the response posted by Mart on April 27, 2000 at 21:51:38:
***As one who only sees 55% of my $60K gross, I'd appreciate even a couple more percentage points.I presume you are refering to the withholding tax. That, however, is not the end of your tax story. You and I pay much higher percentage of our income as tax (some say close to 80% or so). You keep paying tax upon tax for every product, every service that you buy. In some products the proportion of tax in the price is astronomical - I believe a gas station gets only few cents for every gallon of gas, a cigarette company only gets about 26 cents per pack. Who gets the rest of that $3 price tag? Yep, it is those who are trying to kill that industry. Actually, they are not doing this, they want it to keep going, so it would keep poroducing huge amounts of money for their benefit.
Funny thing, economics...
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Follow Ups
- Re: the response - Victor Khomenko 05:10:26 04/28/00 (0)