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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 (the richest) 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, 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.
http://www.ktok.com/pages/mullinsinthemorning.html
Howard Wolfson was on FOX and he spewed these talking points. Joe owes back taxes, his name isn't really Joe and he doesn't have a plumbing license.
Ok for the tax part, Martin Nesbitt, the treasurer of Obama’s campaign, has tax liens. So do his companies.
http://www.patterico.com/2008/10/16/la-times-joe-the-plumber-has-liens1/
As for his name, it's Samuel Joseph Wurzelbacher. So he can't go by Joe? Barack Hussein Obama went by the name Barry Soetoro and Barry Obama for years. Many people are known by a shortened version of their name or go by their middle name. Obama asked the guys name and he gave him the name he went by. He wasn't filling out a fn' loan application. And finally the license part. Give me a break the guy he works for has one.
Light 'em up, Rush !
AFL-CIO Ditto's
Arturo Fuente Lonsdale Cigars In Orlando !
You can tell Sarah isn't with him since I'm here posting instead of standing in line starting at 0-dark-thirty. Tickets for the small 2,000 seat venue did get snapped up within 90 minutes. If it wasn't a school day I'd go and FReep any moonbats that bothered to show. We do have our share, even here on the Space Coast.
Why isn’t Øbama assuring his voters that McCain will make a good President? There are probably a lot of young and/or gullible that need to know it isn’t the end of Socialism if McCain is President.
In honor of Joe the Plumber, at noon, we should all lower our trousers to half mast.
At least I can produced a post at post number 50, Sen. Obama CANNOT even get to that number!
Here and cannot believe the SCOTUS ruling.
Chief RinoHunter is in from the pool for a bit!!
There’s more evidence (coincidences?) that Jesus is the Messiah
than there is that Joe the Plumber could be a Rovian plant.
"In a time of universal deceit, telling the truth is a revolutionary act." -- George Orwell
I couldn’t believe that Letterman said last night that he is an Independent with no bias either way. What?!