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Wagner 11-12-2008 08:52 PM

Quote:

Originally Posted by Eric5273
BTW, in your analogy here, the way it should work is that the C student should be given after-school tutoring, and then both students will end up with an A. :D

Except, you would probably complain that you don't want your taxes paying for the after-school tutoring since maybe your kid is the "A" student and doesn't need the tutoring.

I didn't play football in high school. Maybe my parents should have complained about their taxes going to fund high school football -- another form of wealth redistribution. Maybe only parents of football players should pay for the funding for the football team. Otherwise, it's BS, right?

Woohoo watch the circles...watch em :rofl: :nanana:

This is really funny, you don't have an argument at all. I'm not even sure what your point is any more. :yikes:

The only complaining should be your employees about their lack of health care :rofl: :stickpoke

durnie 11-14-2008 12:40 AM

The tax system explained
 
sooo true

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, boys and girls, journalists and college professors, 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.
David R. Kamerschen, Ph.D.
Professor of Economics

Michelle 11-14-2008 12:59 AM

R

Eric5273 11-14-2008 02:14 AM

Quote:

Originally Posted by durnie
sooo true

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, boys and girls, journalists and college professors, 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.
David R. Kamerschen, Ph.D.
Professor of Economics

If you think that distribution is unequal, you should check out the similar analogy for wealth distribution in the United States. It looks something like this:

Suppose that we had 100 men and and a total of $100 of wealth between them.

40 of the men would have $0.005 each (half of a penny)

20 of the men would have $0.23 each

20 of the men would have $0.60 each

10 of the men would have $1.25 each

5 of the men would have $2.30 each

4 of the men would have $5.20 each

and 1 man would have $38.40




As I said before, don't tax income. Tax wealth, and have everyone pay the exact same percentage, i.e. a "flat tax"

Dannyell 11-14-2008 11:41 PM

"As I said before, don't tax income. Tax wealth, and have everyone pay the exact same percentage, i.e. a "flat tax""

Agree with that...but income will always be taxed here

Eric5273 11-15-2008 01:55 AM

Quote:

Originally Posted by Dannyell
Agree with that...but income will always be taxed here

Our country has been around for 230 years. We've only taxed income for 95 years. But we've taxed property for the entire time. However, in recent years there has been a trend to move away from both property and income tax towards sales based taxes which are regressive. It is no surprise that the intended result of that change has occured which is that the wealthy have gotten wealthier while the middle & lower classes have become poorer. That trend will continue until there is no more middle class, or unless the tax structure is changed to increase the burdon on the wealthy and lower the burden on the poor and middle class.

And if the burden is shifted further away from the wealthy, as many in this thread suggest that they want, we will end up like Mexico where 1% of the population controls 99% of the wealth and everyone else is poor. It will take a few years, but we are surely headed in that direction.

alefcole 11-18-2008 04:04 PM

Quote:

Originally Posted by Eric5273
Our country has been around for 230 years. We've only taxed income for 95 years. But we've taxed property for the entire time. However, in recent years there has been a trend to move away from both property and income tax towards sales based taxes which are regressive. It is no surprise that the intended result of that change has occured which is that the wealthy have gotten wealthier while the middle & lower classes have become poorer. That trend will continue until there is no more middle class, or unless the tax structure is changed to increase the burdon on the wealthy and lower the burden on the poor and middle class.

And if the burden is shifted further away from the wealthy, as many in this thread suggest that they want, we will end up like Mexico where 1% of the population controls 99% of the wealth and everyone else is poor. It will take a few years, but we are surely headed in that direction.


And then MEXICO will be the one building up a bigger wall to keep Americans from crossing over :bustingup

alefcole 11-18-2008 04:10 PM

Quote:

Originally Posted by durnie
sooo true

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, boys and girls, journalists and college professors, 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.
David R. Kamerschen, Ph.D.
Professor of Economics

Best example ever......... I agree.
The solution: GET THE FIRST FOUR TO STOP DRINKING BEER AND DRINK WATER. Stop complaining that you are losing your home if you couldn't afford it in the first place. Live within your means people!!!!!!!!!.
Thats why I drive an X5 instead of a ferrari.


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