Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site ubc-cs.UUCP Path: utzoo!utcsri!ubc-vision!ubc-ean!ubc-cs!robinson From: robinson@ubc-cs.UUCP (Jim Robinson) Newsgroups: can.politics Subject: Re: Indexing Message-ID: <1130@ubc-cs.UUCP> Date: Sun, 30-Jun-85 18:33:45 EDT Article-I.D.: ubc-cs.1130 Posted: Sun Jun 30 18:33:45 1985 Date-Received: Mon, 1-Jul-85 04:42:04 EDT References: <679@lsuc.UUCP> Reply-To: robinson@ubc-cs.UUCP (Jim Robinson) Distribution: can Organization: UBC Department of Computer Science, Vancouver, B.C., Canada Lines: 22 Summary: In article <679@lsuc.UUCP> msb@lsuc.UUCP (Mark Brader) writes: >And in particular, so that people would not complain about the loss of >3 percentage points of INCOME TAX bracket indexing. As long as we >continue to have inflation at 3% or over, which is probably for a long >time, this change will imply an automatic increase in real tax rates >... every year. > >This is what we used to have before the tax system was reformed about 1972, >and I for one am angry at seeing this condition return, even in a limited form. Yep, it sure worked! We heard zero protest about the partial de-indexing of income tax. Seems like the PCs are just like the Liberals when it comes to hitting the middle class for more money. So make that two of us who aren't too pleased about the latest money grab. J.B. Robinson (Anyone know how programmers can get a piece of the action in the underground economy? :-)