Thought experiment for you:-
Set the sliding mitre to 30 degrees and the table to 0 degrees.
Grind the tool
You now have a tool with a 60 degree included angle.
Hold the tool against the sliding mitre and note that the cutting edge of the tool is parallel to the face of the wheel (It'd better be, you just ground it :-)
Now tilt the table up and down. Note that the cutting edge remains parallel to the face of the wheel. Thus the correct angle to set the mitre to is 30 deg (actually, it'd be 27.5 for a proper thread ;-)
Not too worried about the accuracy of the clearance angle. The included angle of the thread is the important one!
regards Mark Rand RTFM