padpowell (02/18/83)
The rich do not repeat do not pay as much income tax on cash income as does
the general populace. I speak from personal experience, and based on years
of acquaintence with persons who have large incomes.
1. On a general percentage of taxable income, the percentage is the same.
2. On a general percentage of GROSS income, the percentage is (mumble
lets see now, based on 1981) about 2/3 of the average payment.
Patrick ("The rich do not neccessarily get richer, but it sure helps")
Powell
P.S.- for an interesting adventure, go to a good set of tax lawyers,
and pay money for an explanation of how to arrange your affairs. Free
advice is usually about as useful as it is expensive.