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Is this an accurate reflection of our tax policy?

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Filed: IR-1/CR-1 Visa Country: Greece
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Suppose that every day, ten men go out for beer 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 drank in the bar 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 beer by $20." Drinks 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 drink 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 drink his beer. So, the bar 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 pay $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 drink 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 I!" "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 drinks, so the nine sat down and had beers 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, ladies and gentlemen 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 drinking overseas where the atmosphere is somewhat friendlier.

This explains the current situation in this country perfectly. Keep beating them "rich" folks up.

 

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I enjoyed drinking overseas during the first Obama admin. We might head back out for the second.....

Suppose that every day, ten men go out for beer 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 drank in the bar 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 beer by $20." Drinks 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 drink 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 drink his beer. So, the bar 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 pay $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 drink 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 I!" "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 drinks, so the nine sat down and had beers 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, ladies and gentlemen 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 drinking overseas where the atmosphere is somewhat friendlier.

This explains the current situation in this country perfectly. Keep beating them "rich" folks up.

 

i don't get it.

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Filed: Timeline

What's the point? The first four guys together make in a year far less than the 10th guy makes in a week. $10.00 to the latter is nothing. A joke. Change that just falls out of his pocket. To the former it's significant. When presented with these bullshit stories, you just gotta ask yourself what you would care about 4 percentage points in taxes if you were to make in a week more than you make in a year. Because that is the question. One of them, anyways. And then there is this question you gotta ask yourself: We've been told for decades now that if only we ease the tax burden at the top, the economic pie would grow and jobs would be aplenty. Problem is, that's not true. The Congressional Research Service was just tasked to prove this fallacy and they cam back saying that they can't prove it. It's bullshite. It doesn't work. Never has. Never will. Meanwhile, we're accumulating debt while the shrinking economic pie get divided with the few getting a bigger and the many getting a smaller slice. ** that. That's what America said on Tuesday.

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Filed: AOS (pnd) Country: Canada
Timeline

What's the point? The first four guys together make in a year far less than the 10th guy makes in a week. $10.00 to the latter is nothing. A joke. Change that just falls out of his pocket. To the former it's significant. When presented with these bullshit stories, you just gotta ask yourself what you would care about 4 percentage points in taxes if you were to make in a week more than you make in a year. Because that is the question. One of them, anyways. And then there is this question you gotta ask yourself: We've been told for decades now that if only we ease the tax burden at the top, the economic pie would grow and jobs would be aplenty. Problem is, that's not true. The Congressional Research Service was just tasked to prove this fallacy and they cam back saying that they can't prove it. It's bullshite. It doesn't work. Never has. Never will. Meanwhile, we're accumulating debt while the shrinking economic pie get divided with the few getting a bigger and the many getting a smaller slice. ** that. That's what America said on Tuesday.

No. American said on Tuesday that they are a bunch of dumb fvcking sheep.

Seriously, if anyone truly in good faith voted for Obama, they have ZERO common sense, zero deductive reasoning skills, and nothing in their head but hollowness.

Turn of Faux News, MSDNC, CNN, etc.. .and turn on C-Span - you might fvcking learn something once you get your damn head out of your #######.

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That wasn't the message. Just more proof that we should ship you folks off to Mexico.

I just dont understand people that feel so sorry for the elite. Maybe, for those that feel that way, they should just donate some of their money to the elite so they can feel better.

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