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To: B4Ranch

That reminds me of a test for Liberals that I got somewhere. You ask them how much revenue the gov’t collects from someone who earns $100,000/yr. if the tax rate is 0%. They correctly answer $0. Then, you ask them how much revenue the gov’t collects if the tax rate is 100%. Liberals often say $100,000.

Most here know that the answer is $0.

I have also pointed out that if welfare programs are worth $40k/yr., any tax rate of >60% still produces $0 revenue, but that gets pretty complicated for a liberal. :-)


40 posted on 09/08/2007 3:15:20 PM PDT by speekinout
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To: speekinout

Well, the government does collect $100,000. Once.


41 posted on 09/08/2007 3:43:40 PM PDT by tantiboh
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