🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: misc.taxes
Article #1086

Re: SDI tax

#1086
From: Jan Steinman
Date: Wed, 09 Mar 1988 18:30
44 lines
2889 bytes
<<California SDI is still deductible on Federal returns.>>

<What is SDI tax in California?  Is it substantial?>

California is highly reliant on the DOD for jobs, and indirectly, for state 
income.  Since SDI promises to consume much of our nation's disposable income 
for years to come, and since the money spent on SDI will go to the Big Defense 
States, such as California, New York, and Colorado, many of those states have 
started funds for pursuing these lucrative (or was that ludicrous?) SDI 
contracts, much like the $2 million Oregonians threw down the rathole chasing 
the Superconducting Supercollider, which we didn't have a chance of getting 
with CA, NY and CO in the race.

The reason piddly states like OR can't compete for big projects with lots of 
jobs is that the Big Defense States have lots of citizens with lots of pockets 
to pick, and I can't think of a finer example than the SDI tax in California.  
"Is it substantial", you ask?  No way!  Do you think the fine citizens who gave 
us Proposition 13 would put up with a "substantial" tax?  

Thanks to some brilliant work by some Reagan-era California politicos, half the 
proceeds from the relatively small tax funds the purchase of inexpensive, old 
DC-3 planes, which are sold to drug dealers at enormous profit.  The other half 
of the tax goes into cheap imitation Ouzis, which are then loaded on the 
planes, which the drug dealers have agreed to fly into Armenia, to trade to 
brave Freedom Fighters in exchange for plane loads of opium and other such 
nasty stuff.

Upon arrival back at the American boarder, the drug dealers are surprised to 
find the CIA, FBI, DEA, NIS, USDA, DOA, ABC, and XYZ all waiting for them.  In 
return for their civic-minded cooperation, the planes are returned to 
California, where they begin another journey.

So stand up proud and gladly pay your measily little SDI tax!  The highly 
efficient and profitable California Department of Vexation turns each dollar 
you pay into over $1000 in slush fund money for attracting billions of dollars 
of useless, but non-polluting (so they say) SDI research and development money 
into the state!  (This is known in the financial talk-show circuit as "money 
amplification".)

And now you know... the rest of the story!  Good day!

:::::: Software Productivity Technologies    ---    Smalltalk   Project ::::::
:::::: Jan Steinman N7JDB	Box 500, MS 50-470	(w)503/627-5881 ::::::
:::::: jans@tekcrl.TEK.COM	Beaverton, OR 97077	(h)503/657-7703 ::::::
Technical Details
Message-ID: <2398@tekcrl.TEK.COM>
Path: arc1-ca.pugleaf.net!utzoo!hoptoad!ptsfa!pacbell!ames!ll-xn!mit-eddie!uw-beaver!tektronix!tekcrl!jans

Show Full Headers
Complete Article Headers
Path: arc1-ca.pugleaf.net!utzoo!hoptoad!ptsfa!pacbell!ames!ll-xn!mit-eddie!uw-beaver!tektronix!tekcrl!jans
From: jans@tekcrl.TEK.COM (Jan Steinman)
Newsgroups: misc.taxes,alt.cyberpunk,rec.humor,talk.bizarre
Subject: Re: SDI tax
Message-ID: <2398@tekcrl.TEK.COM>
Date: 9 Mar 88 18:30:27 GMT
Organization: Tektronix Inc., Beaverton, Or.
Lines: 44