Posted on 06/17/2015 5:05:01 AM PDT by UMCRevMom@aol.com
Now, we’re not saying this is an actual explanation of how the tax system works, but for us hardworking taxpayers, this is pretty much an actual explanation of how the tax system works. We know for sure that you’ll agree.
Snopes, the Leftist website, will “debunk” this in 5, 4, 3...
Authorship unknown
ping
Average person? I believe there are about half of the citizens NOT paying taxes. I’d cal then average people
Author afraid to take ownership????
SNOPES: The ONLY real question to be tackled regarding this humorous parable supposedly explaining “how taxes really work” is its authorship, and the investigation reveals this item to be one of those favored pieces of writing adopted and reprinted by numerous columnists without their knowing (or necessarily caring) who originally penned it.
The signature block at the bottom of the currently circulating Internet version identifies it as being the work of “T. Davies,” a Professor of Accounting at the University of South Dakota.
Professor Thomas Davies does indeed teach at USD’s School of Business, but when we inquired of him whether he was the originator of this piece, we received the following response:
Thank you for your message. I previously distributed the “How Taxes Really Work” article (as well as other opinion pieces reflecting different perspectives) to my graduate tax class to encourage them to think beyond the rules and regulations. Unfortunately, it is rather easy to focus on the myriad of complex rules and forget that tax policy frequently influences taxpayer behavior beyond what may have been intended. Thus my students are frequently asked to think “outside the box,” and consider such topics a tax complexity, alternative forms of taxation, and the impact of taxes on behavior. The article was not written by me, and I have intentionally avoided commenting on its validity in order to encourage my students to think critically, and to assist in the development of their analytical and communication skills. I am unaware of the true author’s identity, which is unfortunate, since the piece has generated considerable interest. Unfortunately, one of my students sent it along and erroneously contributed the authorship to me.
Read more at http://www.snopes.com/business/taxes/howtaxes.asp#m0riQCLsX6E04XHP.99
True for the most part, but they’re leaving out the part where the guy who pays the most can write it off under the convoluted tax code.
Leave it to snopes.com to figure out a way to keep from labeling this “True”. But, of course, we know they’re objective truth-seekers, right?
I heard it or a version real similar years ago but never knew or do not remember where it came from.
But it is right on the button.
Yep. I’ve seen this a lot, but it’s usually the men going out for beer.
Regarding authorship, the sun sets in the west, regardless of who first verbalized the fact. :-)
True for the most part, but they’re leaving out the part where the guy who pays the most can write it off under the convoluted tax code.
He left out that the restaurant went out of business after their customers stopped coming
It’s a parable. It is thus neither true nor false. Unless you want to claim the events actually took place, in which case someone could comment on whether that was true or false.
It’s like someone arguing about whether the parables of Jesus are true or false. Jesus never claimed there were actually three slaves given different numbers of talents in trust. It was a story to prove a point
seriously? you quote SNOPES?
The ones who claim Obama’s birth certificate is REAL?
Yeah, I get it. But to “de-bunk” it simply based on the fact that the professor didn’t write the article (though he distributed it to his class), is simply weaseling out of labeling it “true” on their website, because it is a good parable of how taxes work.
So are you saying if I go to dinner with friends I am able to write it off? Not true.
Our progressive tax code works on INCOME and not wealth so the wealthy work to have their wealth tax at the lowest rates. The ones who establish businesses and grow jobs do not have that privilege so their income is taxed at normal rates. The wealthy regard using accountants, lawyers and financial advisors as a normal cost of doing business (tax deductible) but the up-front cost is prohibitive for the non-truly wealthy.
For these reasons, the truly wealthy, have 2 considerations, preserve their wealth and maintain a comfortable working social system. The first reason preserves the current tax code as it advantages them. The second pushes them to placating the raving mob that ordinarily are antagonistic to wealth by focusing their anger upon income. Diffusing the anger by showing sympathy for the liberal social issues (frequently genuine) 'immunizes' them from guilt and responsibility.
If 9 of them beat you up they’re probably not your friends.
If your going to make up stuff a professor said, everybody knows you’re supposed to use Joel Olson.
Don’t forget the part where those that pay NOTHING get $$ ‘back’ (that they never earned to begin).
So, which is worse? The ‘rich’, whom is allowed to keep more of his OWN $$, or the ‘poor’ that is given, by force of govt, $$ of others they did not earn?
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