dazzling_daveOPWaynesboro, Virginia USA1,993 posts
Thanks Don, Pete and Omega for your replies.
I should have figured Kev would have to be contrary.
Len, I don't necessarily vote along party lines. The sad truth though is that a majority of the Democratic party think like this.
A talk show that I listen to sometimes likes to say "How do you make a conservative angry? Lie to him. How do you make a liberal angry? Tell him the truth." I find quite a bit of truth in that statement, from first hand observation.
PeachesandRayConcord, North Carolina USA1,358 posts
How dreadfully sad for the good ole United States of America that the morals & values she was founded on are now the ones she cannot enforce for the protection of her people
Raise the taxes, we have many plans that need to be put in place and naturally, ALL politicians will need at least a 10% increase in salary each year..
Social Security? Well, we see fit to allow a .003% increase, we have plans to put in place and the illegals in this country will need to collect something when they reach the proper age..
Why is there not an emoticon for one bending over and spreading their "cheeks"??
Well, as I understand it, the bottom 50% of the population pay 1% of all income taxes in the country. I'm not sure who's pulling the wagon? I may have to do some research.
dazzling_daveOPWaynesboro, Virginia USA1,993 posts
I once saw it explained in a bar setting. Wish I could find that little story. It was a very good example of the income tax system as far as which class of people pays what share.
In response to: Well, as I understand it, the bottom 50% of the population pay 1% of all income taxes in the country. I'm not sure who's pulling the wagon? I may have to do some research.
Doesn't that have a little something to do with the top percentages of Americans controlling most of the wealth and assets? So, maybe those that have more, should pay more? You can't bleed a stone, and the middle class can't afford to pay more taxes to help out those poor rich people that have to pay those taxes.
I would contend that everyone's being taxed too much.
Better stated, what's not taxed?
Better yet, wait until we all get the priviledge to pay the carbon tax that will be introduced after the election. The poor will be poorer~ It's coming...wait and see~
dazzling_daveOPWaynesboro, Virginia USA1,993 posts
You're going to understand the current tax plan alot better after you read the folllowing. Enjoy and share.
Bar Stool Economics
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 paid $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 bar, 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 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, boys and girls, 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.
For those who understand, no explanation is needed. For those who do not understand, no explanation is possible.
dazzling_dave: You're going to understand the current tax plan alot better after you read the folllowing. Enjoy and share. Bar Stool Economics
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 paid $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 bar, 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 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, boys and girls, 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. For those who understand, no explanation is needed. For those who do not understand, no explanation is possible.
Pat says,''Because my father was a DEMOCRAT,my grandfather was a DEMOCRAT,my great-grandfather was a DEMOCRAT.........so I'm voting DEMOCRAT.''
Tom says,''That's crazy logic Pat!Now, if you're father was a horse thief,and your grandfather was a horsethief,and your great grandfather was a horsethief,what would you be.''
Pat says,''Because my father was a DEMOCRAT,my grandfather was a DEMOCRAT,my great-grandfather was a DEMOCRAT.........so I'm voting DEMOCRAT.''
Tom says,''That's crazy logic Pat!Now, if you're father was a horse thief,and your grandfather was a horsethief,and your great grandfather was a horsethief,what would you be.'' Pat says,
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