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Here's your answer to the tax cut question...a must read
Posted on 11/18/2002 11:51:03 AM PST by KsSunflower
Subject: Exploit the poor Tax Cuts
TOPICS: Business/Economy; Miscellaneous; News/Current Events; Your Opinion/Questions
KEYWORDS: taxcuts; top1
I was having lunch with one of my friends last week and the conversation turned to the government's recent round of tax cuts. "I'm opposed to those tax cuts," the retired college instructor declared, "because they benefit the rich. The rich get much more money back than ordinary taxpayers like you and me and that's not fair." "But the rich pay more in the first place," I argued, "so it stands to reason that they'd get more money back." I could tell that my friend was unimpressed by this meager argument. Even college instructors are a prisoner of the myth that the "rich" somehow get a free ride in America, liberal ones anyhow. Nothing could be further from the truth. Let's put tax cuts in terms everyone can understand.
Suppose that every day 10 men go to a restaurant for dinner. The bill for all ten comes to $100. If it was 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 and 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 now 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 the $20," complained 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, girls and college instructors, is how America's 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 any more.
There are lots of good restaurants in Switzerland and the Caribbean.
posted on 11/18/2002 11:55:57 AM PST
That's it!!!!! Great post, KsSunflower.
To: RAT Patrol
Do you think I could get that post to stick over at DU??
Here you have the plot of ATLAS SHRUGGED.
posted on 11/18/2002 12:25:53 PM PST
Hey all...I got this as an e-mail and forwarded it to all of my "independent" and "dem" acquaintances...I'd encourage you to cut and paste and do the same...
Somehow we have to get the word out to counterbalance all of the "top 1%" hooey spouted by the dems!
Simple solution. Go to the media and complain that since the rich have paid so much for so long that they should be required by law to continue to pay regardless if they actually eat at the resturaunt or not. (Another Atlas Shrugged bump)
very good analogy
posted on 11/18/2002 12:33:58 PM PST
by Steven W.
They will NOT be able to take it, lol. But you might have a lot of fun trying anyway.
This is excellent. I hope you don't mind if I copy, paste, and send to lots and lots of people.
Thanks for posting this. Maybe we should send this to our new governor...
posted on 11/18/2002 3:02:19 PM PST
by axel f
To: axel f
I think we should...didn't I read that she has a website set up to receive suggestions from "the People"??? I'll see what I can find!
Yeah, she won't appear on talk radio to talk to "the people," but she'll have this phone line. Translation: I'm going to raise your taxes, but this way it will seem as if I tried not to.
We should also send this to our "statuesque" current gov. And Al Gore...man, there are a lot of people who should read this!
posted on 11/18/2002 3:15:33 PM PST
by axel f
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