ConcordeBoy
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For The "Tax Cuts For The Rich" Koolaid-drinkers

Thu Mar 25, 2004 4:30 am

Ran across this... so simple, even you types could understand it:



Suppose everyday, 10 men go to dinner. The bill for all ten comes to $100. If it were paid the way we pay our taxes, the first four men would pay nothing; the fifth would pay $1; the sixth would pay $3; the seventh $7; the eighth $12; the ninth $18. The tenth man (the richest) would pay $59.

The 10 men ate dinner in the restaurant every day and seemed quite happy with the arrangement until 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." Now dinner for the 10 only costs $80.

The first four are unaffected. They still eat for free. Can you figure out how to divvy up the $20 savings among the remaining six so that everyone gets his fair share? The men realize that $20 divided by 6 is $3.33, but if they subtract that from everybody's share, then the fifth man the sixth man would end up being paid to eat their meal.

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 paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of $59. Outside the restaurant, the men began to compare their savings. "I only got a dollar out of the $20," declared the sixth man pointing to the tenth, "and he got $7!" "Yeah, that's right," exclaimed the fifth man. I only saved a dollar, too. It's unfair that he got seven times more than me!" "That's true," shouted the seventh man. "Why should he get $7 back when I got only $2? 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 he 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 were $52 short!

And that, boys and girls and politicians, is how the 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 at the table anymore. There are lots of good restaurants in Switzerland and the Caribbean.




....which doesn't even take into consideration the fact that "the poor" aren't exactly the type to reinvest savings into potential job-creating endeavors  Big grin
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
aa61hvy
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RE: For The "Tax Cuts For The Rich" Koolaid-drinkers

Thu Mar 25, 2004 4:52 am

Nice post Cboy- I agree with you 100%
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pacificjourney
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RE: For The "Tax Cuts For The Rich" Koolaid-drinkers

Thu Mar 25, 2004 6:53 pm

As usual it is those who have never actually paid tax whining about how 'unfair' things are ... yawn !
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ConcordeBoy
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RE: For The "Tax Cuts For The Rich" Koolaid-drinkers

Fri Mar 26, 2004 2:42 am

Not so much "never paid" as "not having to" that tend to make the biggest fuss.


...what truly amuses me however (in a droll sort of way), are the John Kerrys and Dickie Gephardts of the world who take up this sort of rhetoric and run with it--- they insult these lower income people's ignorance day in and day out, and the poor fools not only tend to be oblivious, but consider the politicos to be the champions of their cause! Big grin  Laugh out loud

Comedy just doesnt get much better than that folks!  Laugh out loud
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