Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Gringo1
(another 'real world' example of the differences)

If you don't understand the Democrats' version of tax cuts (and you are not alone), this will help explain it for you:

50,000 people go to a baseball game, but the game was rained out. A refund was then due.

The team was about to mail refunds when the Congressional Democrats stopped them and suggested that they send out refund amounts based on the Democrat National Committee's interpretation of fairness. After all, if the refunds were made based on the price each person paid for the tickets, most of the money would go to the ticket holders of the most expensive tickets. That would be unconscionable.

The DNC plan says:

People in the $10 seats will get back $15, because they have less money to spend. Call it an "Earned" Income Ticket Credit. Persons "earn" it by demonstrating little ambition, few skills and poor work habits, thus keeping them at entry-level wages.

People in the $25 seats will get back $25, because that's only fair.

People in the $50 seats will get back $1, because they already make a lot of money and don't need a refund. If they can afford a $50 ticket, then they must not be paying enough taxes.

People in the $75 luxury seats will have to pay another $50, because they have way too much to spend.


The people driving by the stadium who couldn't afford to watch the game will get $10 each, even though they didn't pay anything in, because they need the most help.

Now do you understand? If not, contact Representative Richard Gephardt or Senator Tom Daschle for assistance.

4 posted on 07/14/2003 1:46:31 PM PDT by spodefly (This is my tagline. There are many like it, but this one is mine.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: spodefly
thanks, i had misplaced that one. now I can send it to my liberal coworkers.
5 posted on 07/14/2003 1:51:47 PM PDT by ctlpdad (Please don't let my post be the last on the thread!)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: spodefly
Call it an "Earned" Income Ticket Credit

Those darned Democrats and their crazy tax credt scheme ...

8 posted on 07/14/2003 2:06:20 PM PDT by Yeti
[ Post Reply | Private Reply | To 4 | View Replies ]

To: spodefly
I like that.
9 posted on 07/14/2003 2:08:29 PM PDT by FourPeas
[ Post Reply | Private Reply | To 4 | View Replies ]

To: spodefly
"But Sir, in order to get a rebate you have to purchase the product!"
18 posted on 07/15/2003 11:41:00 AM PDT by talleyman (E=mc2 (before taxes))
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson