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If they paid their bill the way we pay our taxes

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Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/25/2008 at 08:18
Bigdaddy0381 View Drop Down
Optics God
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Georgia peach

Joined: February/27/2007
Location: Georgia
Status: Offline
Points: 12818

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 everyday and seemed quite happy with the arrangement, until one day, the

owner threw them a curve.

"Because 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 of you 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 every body'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 pay $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 restaurant, 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 moneybetween 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.

Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/25/2008 at 08:51
cyborg View Drop Down
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God of Wind

Joined: August/24/2007
Location: North Georgia
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BRAVO Brother, BRAVO!!!!!!!!!!Excellent Excellent Excellent Excellent Excellent Excellent Excellent Excellent Excellent Excellent 
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/25/2008 at 19:28
RONK View Drop Down
Optics Master Extraordinaire
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Joined: April/05/2007
Location: United States
Status: Offline
Points: 3199
 Excellent, and eye-opening!  Shocked
  I should print that off and hand it out!
Post Options Post Options   Thanks (0) Thanks(0)     Back to Top Direct Link To This Post Posted: February/25/2008 at 23:02
RifleDude View Drop Down
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Joined: October/13/2006
Location: Texas
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Points: 14313
Excellent analogy!Excellent
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