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[Rob <becida AT comcast.net>]

You're lumping all the taxes together and blaming LBJ for them? 
That's what I figured. To me it looks like a way to blame "the other 
political party" for the way things are now. <Sigh>, no surprise 
there, not even sure why I bothered to ask...

Rob in WA, with 8.1 sales tax, a gas tax, but no state income tax.



At  10/26/2005 05:05 PM, you wrote:
> That's a combination of average sales taxes, state and federal  income
> taxes, FICA, etc.  It doesn't make sense to add in property taxes,
> because there's nothing there that's proportional to income.  But
> realistically, it does indeed contribute to the total tax burden.
>
> Social Security is so simple to comprehend, now that we know that
> there's no miracle compound interest being earned in a locked box.  To
> find out what FICA taxes will be like in 2030, just multiply the present
> percentage by a ratio approximately equal to 3.2/1.96 (the ratio of #
> workers per retiree now, to the projected # of workers per retiree
> then).  I think you'll find it comes out to over 20% just for FICA.
>
> Of course, this doesn't account for things like economic collapse,
> because it assumes that the percentage of people employed will stay the
> same.  And either way, the retired person's SS will reflect not only the
> percentage of people employed, but also how _well_ employed the average
> worker is.
>
> Rob wrote:
>
> >At  10/25/2005 12:49 PM, you wrote:
> >
> >
> >>If only there were some way to dismantle the LBJ spending machine, there
> >>would be plenty of money.  We're paying almost 40% in taxes, after all.
> >>
> >>
> >
> >Show me how the fed is getting almost 40% of what I earn.
> >
> >
> >
> >Rob
> >becida AT comcast.net
> >
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