Here is something my dad just happened to e-mail me today. Its for people that complain rich people get tax breaks.


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, University of Georgia

For those who understand, no explanation is needed.

For those who do not understand, no explanation is possible

I ABSOLUTELY LOVE IT!!!

NOW, WHO OUT THERE DOES NOT COMPREHEND THIS???

I know, I know, somebody will have something negative to say.

But, proof is in the pudding as they say!

Lindyy

I posted this same thing here about 6 months ago and I have been going through my email trying to find it so I could post it again ,I am glad someone brought it back again. I think it will generate about the same amount of comments as it did then which was very little. There is no way the liberal socialists can argue the figures so they will ignore it. SMO however will view it as a Zionist Conspiracy

What the "Tax the rich" and "the rich don't pay taxes" liberal socialists can't seem to commprehend is that the richest 1% of the U.S. Population pays 37% of the Total income tax. The richest 5% of the U. S. Population pays a total of 52% of the Total income tax. The poorest 50% of the U.S. Taxpayers pay 3% of the total income tax.

Once there are no rich left to tax who is going to pick up the tab.

Ummm, Ummmm, Ummm, not Tinkerbell, Peter Pan put her back in her glass jar to keep her safe.

Lindyy

no other comments?

the cost of liberty is not free.......unless you are a freeloading mooch who is content to let opportunity pass you by, and pass your costs onto those who do seize it

Silly boy,

The leftie libbers did not want to see it.

You had about 46 views. Now, you know they could not figure out what was being said, so they had to keep quiet.

I did copy and paste it into my own personal e-mail and sent it to a lot of people out my way, Texas and Indiana!

Lindyy

lol...the tax the rich..give to the poor liberals don't want to touch this thread. It shows a logical mathematical progression, and they are incapable of understanding financial logic. Besides, they want the votes of the lower income 50% and attacking the taxpayers in the upper 50% is how they always plan on getting it....lol

It is pretty good.. but leaves much to be desired on the table regarding our economic situation. The poor are not unreasonable taxed.. The rich aren't either.
The brunt of our tax base falls on the middle class. They carry both rich and poor alike.

The middle class is shrinking at a pretty rapid pace these days. Oddly.. if you look at the failure of any world power in history... They turned into a two class economy before their fall from grace.

The real question is to both the rich and poor.
What are you gonna do when the middle class is gone?

Right! That is why real economic reform has to include tax relief for the middle class. They have a lot of earning power as well, so if they get to keep more of their hard-earned money they will spend more on goods and services and that will grow the economy.

Here's the math:

More money to the middle class=
More spent on goods and services=
----------------------------------
A growing economy

"The brunt of our tax base falls on the middle class. They carry both rich and poor alike."

that may be the case on the planet where you live but here the richest 5% of the population pay 52% of the total income tax paid. That is not a tax bracket of 52% that is 52% of the total U.S. Dollars paid into the coffers of the Internal Revenue Service. To make it easy for you 52% is just a little more than half the total taxes paid. So how many percent equals a "brunt" If you have half the population paying 3% of the total taxes paid then 97% of the total taxes are paid by the upper 50% of the wage earners.

Math and logic should be required courses for liberal socialists because they don't seem to be able to use either.

That all depends on how you define rich. You are correct in saying the top 5 % of earners pay the brunt of taxes. But are all included in the top 5% truly wealthy?

The top 1% makes 1 million + per year. They pay 34.8% of the total.

Many we would consider rich are actually middle class. They fit somewhere between the 75th and 99th percentile. Which cover 47.8 percent of the tax burden. They make less then 1 million a year. These include Sub S Cooperations, partnerships and sole proprietorships that file personal income tax rather then corporate income tax to file. Many of those entities and individuals hardly fit the definition of wealthy. The cutoff of the upper quintile of earners... Is under 80,000 a year.