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Barstool economics--or how we are taxed
Jan 10, 2020 16:56:18   #
badbobby Loc: texas
 
Suppose that every day ten men go out for beer & 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, $0.
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.

That is what they decided to do.

The 10 men drank in the bar every day & seemed happy with the arrangement, until one day the bar 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 tab by $20."

Beer for the 10 now cost just $80.

The group still wanted to pay their bill the same way, so the first four men remained unaffected, they would still drink 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.
However, by subtracting $3.33 from everyone's tab, then the fifth man & 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, & he proceeded to figure the amounts each should pay.

The results:

The fifth man, like the first four, now paid $0, (100% savings).
The sixth paid $2 instead of $3 (33% savings).

The seventh paid $5 instead of $7 (28%savings).

The eighth paid $9 instead of $12 (25% savings).

The ninth paid $14 instead of $18 (22% savings).

The tenth now paid $50 instead of $59, still the largest share yet smallest, (16%) savings.


Each of the six was better off than before & the first four continued to drink FREE. 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 $9!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got nine times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $9 back when I got only $2, the
Wealthy bastards 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 9 men surrounded the tenth & beat him up.

The next night the 10th man never showed up for drinks, so the nine sat down & had beers without him. However, when it came time to pay the bill, they discovered something very important. They did not have enough money between all of them for even half of the bill!

That, ladies & gentlemen, journalists & 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, & 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.

Reply
Jan 10, 2020 17:01:33   #
American Vet
 
badbobby wrote:
Suppose that every day ten men go out for beer & 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, $0.
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.

That is what they decided to do.

The 10 men drank in the bar every day & seemed happy with the arrangement, until one day the bar 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 tab by $20."

Beer for the 10 now cost just $80.

The group still wanted to pay their bill the same way, so the first four men remained unaffected, they would still drink 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.
However, by subtracting $3.33 from everyone's tab, then the fifth man & 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, & he proceeded to figure the amounts each should pay.

The results:

The fifth man, like the first four, now paid $0, (100% savings).
The sixth paid $2 instead of $3 (33% savings).

The seventh paid $5 instead of $7 (28%savings).

The eighth paid $9 instead of $12 (25% savings).

The ninth paid $14 instead of $18 (22% savings).

The tenth now paid $50 instead of $59, still the largest share yet smallest, (16%) savings.


Each of the six was better off than before & the first four continued to drink FREE. 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 $9!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got nine times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $9 back when I got only $2, the
Wealthy bastards 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 9 men surrounded the tenth & beat him up.

The next night the 10th man never showed up for drinks, so the nine sat down & had beers without him. However, when it came time to pay the bill, they discovered something very important. They did not have enough money between all of them for even half of the bill!

That, ladies & gentlemen, journalists & 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, & 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.
Suppose that every day ten men go out for beer &am... (show quote)



Reply
Jan 10, 2020 18:50:14   #
Liberty Tree
 
badbobby wrote:
Suppose that every day ten men go out for beer & 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, $0.
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.

That is what they decided to do.

The 10 men drank in the bar every day & seemed happy with the arrangement, until one day the bar 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 tab by $20."

Beer for the 10 now cost just $80.

The group still wanted to pay their bill the same way, so the first four men remained unaffected, they would still drink 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.
However, by subtracting $3.33 from everyone's tab, then the fifth man & 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, & he proceeded to figure the amounts each should pay.

The results:

The fifth man, like the first four, now paid $0, (100% savings).
The sixth paid $2 instead of $3 (33% savings).

The seventh paid $5 instead of $7 (28%savings).

The eighth paid $9 instead of $12 (25% savings).

The ninth paid $14 instead of $18 (22% savings).

The tenth now paid $50 instead of $59, still the largest share yet smallest, (16%) savings.


Each of the six was better off than before & the first four continued to drink FREE. 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 $9!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got nine times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $9 back when I got only $2, the
Wealthy bastards 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 9 men surrounded the tenth & beat him up.

The next night the 10th man never showed up for drinks, so the nine sat down & had beers without him. However, when it came time to pay the bill, they discovered something very important. They did not have enough money between all of them for even half of the bill!

That, ladies & gentlemen, journalists & 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, & 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.
Suppose that every day ten men go out for beer &am... (show quote)


Or they may move from California to Texas or from New York to Florida.

Reply
 
 
Jan 10, 2020 19:00:04   #
okie don
 
Liberty Tree wrote:
Or they may move from California to Texas or from New York to Florida.


Just read UHaul stats. FL. & TX. were 1st & 2nd in rental truck destinations.
~~~
CA and IL were the 2 States people moved from.
Figures!

Reply
Jan 10, 2020 19:01:17   #
okie don
 
In 2018 TX was #1 and FL #2 States people moved to renting UHaul trucks.
FL beat out TX as #1.

Reply
Jan 10, 2020 19:12:25   #
Liberty Tree
 
okie don wrote:
In 2018 TX was #1 and FL #2 States people moved to renting UHaul trucks.
FL beat out TX as #1.


Common people realize keeping more of your own money is not a sin. Liberals do not get that.

Reply
Jan 11, 2020 06:07:16   #
Tug484
 
badbobby wrote:
Suppose that every day ten men go out for beer & 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, $0.
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.

That is what they decided to do.

The 10 men drank in the bar every day & seemed happy with the arrangement, until one day the bar 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 tab by $20."

Beer for the 10 now cost just $80.

The group still wanted to pay their bill the same way, so the first four men remained unaffected, they would still drink 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.
However, by subtracting $3.33 from everyone's tab, then the fifth man & 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, & he proceeded to figure the amounts each should pay.

The results:

The fifth man, like the first four, now paid $0, (100% savings).
The sixth paid $2 instead of $3 (33% savings).

The seventh paid $5 instead of $7 (28%savings).

The eighth paid $9 instead of $12 (25% savings).

The ninth paid $14 instead of $18 (22% savings).

The tenth now paid $50 instead of $59, still the largest share yet smallest, (16%) savings.


Each of the six was better off than before & the first four continued to drink FREE. 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 $9!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got nine times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $9 back when I got only $2, the
Wealthy bastards 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 9 men surrounded the tenth & beat him up.

The next night the 10th man never showed up for drinks, so the nine sat down & had beers without him. However, when it came time to pay the bill, they discovered something very important. They did not have enough money between all of them for even half of the bill!

That, ladies & gentlemen, journalists & 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, & 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.
Suppose that every day ten men go out for beer &am... (show quote)



Reply
 
 
Jan 11, 2020 06:24:43   #
American Vet
 
Liberty Tree wrote:
Common people realize keeping more of your own money is not a sin. Liberals do not get that.


I disagree with your comment.

I believe it is more a case that liberals believe they are smarter than you (average Joe/Jane Citizen) and realize they can do a better job in deciding how to spend your money.

This is exemplified by a quote by hillary:
"No. We just can't trust the American people to make those types of choices ... Government has to make those choices for people." – Hillary Clinton".

https://townhall.com/columnists/johnhawkins/2015/06/16/draft-n2012995

Reply
Jan 11, 2020 12:53:38   #
TrueAmerican
 
Liberty Tree wrote:
Or they may move from California to Texas or from New York to Florida.


Which is OK except most bring their leftist liberal politics with them and eventually change the great state they moved to into a sh*thole !!!!!!

Reply
Jan 11, 2020 15:57:54   #
Tug484
 
TrueAmerican wrote:
Which is OK except most bring their leftist liberal politics with them and eventually change the great state they moved to into a sh*thole !!!!!!


Yes and they vote for the same nonsense that drove them out of California.

Reply
Jan 11, 2020 16:40:09   #
Lt. Rob Polans ret.
 
Tug484 wrote:
Yes and they vote for the same nonsense that drove them out of California.


Yep, that's why we don't want any here.

Reply
 
 
Jan 11, 2020 17:32:33   #
Tug484
 
Lt. Rob Polans ret. wrote:
Yep, that's why we don't want any here.


They're already here in Texas .
Between them and illegals, Texas may be screwed.

Reply
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