I think I am wasting my time trying to open the eyes of the blind
Repubicans living in a stage of denial. It's as clear as daylight
the Republicans policy of only focusing on the rich won't work!
Man, you left wingers are full of great one-liners and never bring
any substance. And that's your favorite one of all. Let's put
that into perspectives see how unfair you leftists idea of taxing
the rich to the death is.
Quote: Barry from the taxfoundation.org.
Let's put the proposed tax cuts in terms everyone can understand.
Suppose that every day, ten men go out for dinner. 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 $7, the eighth
$12, the ninth $18, and the tenth man -- the richest -- would pay
$59.
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 (in tax language a tax
cut).
"Since you are all such good customers," he said, "I'm going to
reduce the cost of your daily meal by $20." So now dinner for the
ten only cost $80.00.
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 -- the paying customers? How
could They divvy up the $20 windfall so that everyone would get his
"fair share?"
The six men 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 and 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 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 his earlier $59. 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, then, pointing to the tenth. "But 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, a little
late what was very important. They were FIFTY-TWO DOLLARS short of
paying the bill! Imagine that!
And that, boys and girls, journalists and college instructors, 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.
They might just take their business offshore, or something; they're
getting beaten up no matter what they do.
Where would that leave the rest? Unfortunately, most taxing
authorities anywhere cannot seem to grasp this rather
straightforward logic
