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1 posted on 08/05/2002 5:59:13 AM PDT by Blood of Tyrants
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To: *Taxreform
Index Bump
2 posted on 08/05/2002 6:01:59 AM PDT by Free the USA
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To: Blood of Tyrants
"Tax them too much, attack them for being wealthy, and they just may not show up at the table anymore. There are lots of good restaurants in Switzerland and the Caribbean."

You can't find a better historical example than that 10% "luxury tax" implemented in 1990 or so. The only ones who suffered were the American boat building companies - the "rich" simply went over to Europe (or elsewhere) to buy their new boats.

3 posted on 08/05/2002 6:22:39 AM PDT by Commiewatcher
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To: Blood of Tyrants
I like that explanation.

Here's what I do I hear the mantra that the rich get more from tax cuts than the poor. I simply ask the question:

If I cut your taxes by 100% and I cut Bill Gates taxes by 5%, which tax cut was bigger?

Usually, all I have to do is ask the question and the light comes on in their eyes.

4 posted on 08/05/2002 6:25:31 AM PDT by ProudGOP
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To: Blood of Tyrants
Liberals hate capitalism, they love communism and that includes Liberal republicans.
5 posted on 08/05/2002 6:28:49 AM PDT by Texbob
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To: Blood of Tyrants
What if the first 4 people eat 1/2% of the food each, the fifth 1%, the sixth 2%, the 7th 5%, the 8th had 8%, the ninth had 15%, and the 10th had 67%. Under these conditions, the first four and tenth man are paying less than proportional to their share, the 5th is properly charged, and the 6th-9th are being overcharged. Therefore, under these conditions, 6-9 should receive the bulk of any price reduction. The original story fails to mention the critical % received by each man.

Unfortunately, however, the 6th-9th man have become incorrectly persuaded that the 10th man is entitled to most of the reduced price. They are naively afraid that the 10th man will not show up if he does not receive 59% of the price reduction.

7 posted on 08/05/2002 6:39:42 AM PDT by Deuce
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To: Blood of Tyrants
Well thought out and written analogy.

Please, please send a copy to all Representative and Senators.

Your next assignment might be to explain the funding of Social Security vs the funding of House & Senate retirement systems.

Good post!!!!

9 posted on 08/05/2002 7:10:03 AM PDT by jos65
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To: Blood of Tyrants
A Different Way of Explaining Taxes

How about this. The government is simply a much larger and more sophisticated version of the Mafia. It is also smarter, as its made members have convinced us that this super Mafia is there for our own good. The "taxes" that we pay are actually just another form of protection money.

If you don't believe me, try not paying your taxes for a few years. When the super Mafia finds out, they oftentimes send a hit squad. If you are exceedingly lucky, you only lose everything you have, either because of outrageously high penalties and lawyers fees, or through outright seizure of your money and property.

10 posted on 08/05/2002 7:12:01 AM PDT by Ancesthntr
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To: Blood of Tyrants
Another, simpler way to explain it that someone previously posted on this forum:

Two people in the checkout line with a malfuntioning cash register. The cash register is overcharging by 10%. The first person buys $20 worth of goods. The second person buys $200 worth of goods. When the mistake is found, the first person is entitled to a $2 refund, the second gets $20.

But Liberals would have you believe that it's more "fair" for both to get $11.

Mr.M
15 posted on 08/05/2002 8:44:08 AM PDT by Marie Antoinette
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To: Blood of Tyrants
Actually, they were $42 short on the last night, since they were feeding 9 instead of 10 people. But still...
16 posted on 08/05/2002 8:44:19 AM PDT by Norman Conquest
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To: Blood of Tyrants
except of course that this article is obfuscating the whole issue by only considering income taxes as the example. I don't know the exact figures, but I think that of all federal revenue collected about 35-40% is income taxes. Another 30% of federal revenue comes from payroll taxes. Payroll taxes fall entirely on the non-rich, if you make past a certain amount you pay zero payroll taxes.

We should all understand that when you cut income tax rates from our current rates that this will cause a supply side boon to the economy, meaning that the economy will grow more rapidly than it otherwise would and that the federal guv will collect more revenue than it otherwise would. This happened in the 1980's and in all previous large income taxes we've had. Even Alice Rivlin, the democrats' top expert on budget matters, said that this happened in the 1980's.

Cutting payroll taxes may be a good idea, but it will also most likely result in a decline in revenue collected by the government. So, we never hear talk about cutting payroll taxes. The result of this is that many middle income people have to pay a higher portion of their income in taxes than many upper income people.

17 posted on 08/05/2002 8:48:37 AM PDT by Red Jones
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To: Blood of Tyrants
except of course that this article is obfuscating the whole issue by only considering income taxes as the example. I don't know the exact figures, but I think that of all federal revenue collected about 35-40% is income taxes. Another 30% of federal revenue comes from payroll taxes. Payroll taxes fall entirely on the non-rich, if you make past a certain amount you pay zero payroll taxes.

We should all understand that when you cut income tax rates from our current rates that this will cause a supply side boon to the economy, meaning that the economy will grow more rapidly than it otherwise would and that the federal guv will collect more revenue than it otherwise would. This happened in the 1980's and in all previous large income taxes we've had. Even Alice Rivlin, the democrats' top expert on budget matters, said that this happened in the 1980's.

Cutting payroll taxes may be a good idea, but it will also most likely result in a decline in revenue collected by the government. So, we never hear talk about cutting payroll taxes. The result of this is that many middle income people have to pay a higher portion of their income in taxes than many upper income people.

19 posted on 08/05/2002 8:50:44 AM PDT by Red Jones
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To: Blood of Tyrants
All taxation on American citizens sucks money out of the economy.
21 posted on 08/05/2002 9:15:32 AM PDT by WhiteGuy
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To: Blood of Tyrants
Tax them too much, attack them for being wealthy, and they just may not show up at the table anymore. There are lots of good restaurants in Switzerland and the Caribbean.

So what you're saying is the rich have so much power, they can hurt us if we don't give them what they want?

33 posted on 08/05/2002 10:06:02 AM PDT by Age of Reason
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To: Blood of Tyrants
The nine men surrounded the tenth and beat him up. The next night he didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important They were $52 short.

LOL.

Those nine fools forgot to get his wallet!

Did they beat up the waiter next?

35 posted on 08/05/2002 10:11:42 AM PDT by Age of Reason
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To: Blood of Tyrants
bumping
41 posted on 08/05/2002 10:27:26 AM PDT by Sgt_Schultze
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To: Blood of Tyrants
BUMP
51 posted on 08/05/2002 11:39:29 AM PDT by Pagey
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To: Blood of Tyrants

bttt


76 posted on 02/24/2011 10:08:34 AM PST by InvisibleChurch (The great American prostate exam continues.)
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