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.)
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!)
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
To: spodefly
I like that.
9 posted on
07/14/2003 2:08:29 PM PDT by
FourPeas
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))
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