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Tax cuts for the rich ?
ifihadahif Posted: Thu Nov 8 17:37:08 2007 Post | Quote in Reply  
  The lesson...
Some politicians and journalists exclaim; "It's just a tax cut for the rich!" and it is just accepted to be fact.

But what does that really mean? Just in case you are not completely clear on this issue, I hope the following will help. Please read it carefully. Let's put tax cuts in terms everyone can understand.

Suppose that every day, ten men go out for dinner and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.

The fifth would pay $1.

The sixth would pay $3.

The seventh would pay $7.

The eighth would pay $12.

The ninth would pay $18.

The tenth man (the richest) would pay $59.

So, that's what they decided to do.

The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.

"Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20." Dinner for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still eat for free. But what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?'

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to eat their meal.

So, the restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:

The fifth man, like the first four, now paid nothing (100% savings).

The sixth now paid $2 instead of $3 (33% savings).

The seventh now paid $5 instead of $7 (28% savings).

The eighth now paid $9 instead of $12 (25% savings).

The ninth now paid $14 instead of $18 (22% savings).

The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to eat for free. But once outside the restaurant, the men began to compare their savings.

"I only got a dollar out of the $20," declared the sixth man. He pointed to the tenth man," but he got $10!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got ten times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $10 back when I got only two? The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits
the poor!"

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start eating overseas where the atmosphere is less taxing.






 
FN Posted: Thu Nov 8 18:00:11 2007 Post | Quote in Reply  
  ifihadahif said:
>they might start eating overseas where the atmosphere is less taxing.

Lol


 
granny Posted: Wed Nov 21 10:42:44 2007 Post | Quote in Reply  
  Thank you for sharing!


 
addi Posted: Wed Nov 21 16:50:59 2007 Post | Quote in Reply  
  Yes

Thank you all for sharing!

When we each state what we're thankful for right sitting around the table before we gorge ourselves on Thanksgiving dinner tomorrow I'm going to say, "And thank you Jesus for the interesting people at GT that share things...interesting things...even though most of them are really awful sinners and will burn in hell for eternity because you are a just God...I still am thankful that they share interesting things there....
Amen"



 
ifihadahif Posted: Wed Nov 21 18:52:03 2007 Post | Quote in Reply  
  addi said:
>Yes
though most of them are really awful sinners and will burn in hell for eternity.
>
You say that like it's a bad thing.
:-)


 
addi Posted: Wed Nov 21 21:13:39 2007 Post | Quote in Reply  
  ifihadahif said:

>You say that like it's a bad thing.
>:-)

: )

Naw...I tend to gravitate towards sinners these days. Mind you, not the serial killing eating babies type of sinner, but more the type of raising eyebrows among proper society type of sinner. I find them genuine, authentic, and interesting.

Happy Thanksgiving, hiffer. Save some gravy for me


 
FN Posted: Thu Nov 22 07:54:45 2007 Post | Quote in Reply  
  Check out the most popular pages

http://www.conservapedia.com/Special:Statistics


 
Mesh Posted: Thu Nov 22 13:02:39 2007 Post | Quote in Reply  
  Gay Bowel Syndrome? lol what the fuck?


Homsexuality seems to be of pretty high interest. I wonder why....


 
Billy Pilgrim Posted: Fri Nov 23 04:13:34 2007 Post | Quote in Reply  
  Gay Bowel Syndrome!

Perhaps that's what i caught from that piri piri chicken after a night on the booze last weekend


 



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