Posted on 08/17/2019 3:02:14 PM PDT by boatbums
Liberals Taxing The Rich
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 on 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.
The left hates rich people, but love rich people’s money.
It is a known fact that liberals cannot figure out arithmetic. WAY too much logic and critical thinking involved.
But of course this has nothing at all to do with the arithmetic.
Figures don’t lie, but liars sure are adept at figuring.
Bernie, Lieawatha And the other socialists have an easy solution to this problem.
PAY the first 4 men to drink their beer. The next three men have to pay five dollars, $10 and $15.
The richest man have to actually pay $250 for the $100 worth of beer because somebody has to pay to support the illegals, the ignorant, the dopers, the welfare dependents and other Obama voters.
The left hates rich people, but love rich people’s money.
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Wrong....the leftists are rich. The leftist politicians make the rules and they wont be the ones to pay the bills.
The Super rich like Soros will not be going bankrupt anytime soon....
They want to tax other peoples incomes.
The Dem candidates have proclaimed around $200 Trillion in ‘free’ stuff.
The cumulative wealth of the top 100 wealthiest Americans is just over $1 Trillion.
If the Dems did manage to tax the wealthy at 100%, there still would not be enough money to pay for their extravagances.
Unfortunately this scenario is insufficient to model the behavior of real-world entities like the Clinton Foundation and Facebook, and how it impacts the system.
“The Super rich like Soros will not be going bankrupt anytime soon....”
Soros, Buffet, Steyer, Hollywood stars, and other wealthy liberals constantly talk about how they don’t pay enough in taxes. Yet none of them ever tell us how much more they should pay nor do they pull out a checkbook each year and write a check for the amount they should be paying to the US Treasury.
That’s a brilliant political metaphor.
Thanks for posting.
The Left is always surprised that the rich guy eventually refuses to participate in making money just to have it redistributed. Liberalism, in all its variations, is truly a mental disorder.
Rich people (and a lot that are not really rich) are merely convenient boogeymen for the SJW types.
Nice story some days i think the rats want to turn us into venuesula some days north korea
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