I got this from a friend of mine... lengthy, but very true:
THE TRUTH ABOUT TAXES
By Anonymous
Let's put tax cuts in terms everyone can understand. Suppose that every day, ten men go out for dinner. 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 $7;
The eighth $12;
The ninth $18.
The tenth man, the richest, would pay $59.
That's what they decided to do. The ten men ate dinner in the
restaurant 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 meal by $20."
So now dinner for the ten only cost $80. The group still wanted to pay their bill the way we pay our taxes.
The first four men were unaffected. They still would eat for free. But what about the other six, the paying customers.
How could they divvy up the $20 windfall so that everyone would get their "fair share"?
The six men 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 end up being "paid" to eat their meal.
The restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same percentage, and he proceeded to work out the amounts each should pay.
The fifth man paid nothing, the sixth man pitched in $2, the seventh man paid $5, the eighth man paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of his earlier $59.
Each of the six was better off than before. And the first four
continued to eat for free. But once outside the restaurant, the men began to compare savings.
"I only got a dollar out of the $20." declared the sixth man.
He pointed to the tenth. "But he got $7."
"Yeah, that's right," exclaimed the fifth man, "I only saved a dollar,
too. It's unfair that he got seven times more than me."
That's true!" shouted the seventh man.
"Why should he get $7 back when I only got $2? 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 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.
And that, boys and girls, journalists and college instructors, is how
the tax system works.
The people who pay the highest taxes get the most benefits from a tax reduction.
Tax them too much, attack them for being wealthy, and they just may not show at the table anymore.
Unfortunately, Too many Liberals cannot grasp this straight-forward logic!
PS If you make more than $30,000/year, you are considered wealthy by the IRS.
---------------
Well, I couldn't agree more... Why is everyone freaking out that the rich get the biggest tax break. It's only logical that even if the % tax cut is lower for higher brackets that the benefits will be greater simply because there's so much more money to be taxed, or un-taxed in this case.
Regardless, this country needs a good shot in the A$$ and someone's got to do it. At least Bush has thought this through, unlike everyone out there who's just crying because they didn't get as big of a tax break as the "rich," which, according to the IRS is probably most of us.
THE TRUTH ABOUT TAXES
By Anonymous
Let's put tax cuts in terms everyone can understand. Suppose that every day, ten men go out for dinner. 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 $7;
The eighth $12;
The ninth $18.
The tenth man, the richest, would pay $59.
That's what they decided to do. The ten men ate dinner in the
restaurant 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 meal by $20."
So now dinner for the ten only cost $80. The group still wanted to pay their bill the way we pay our taxes.
The first four men were unaffected. They still would eat for free. But what about the other six, the paying customers.
How could they divvy up the $20 windfall so that everyone would get their "fair share"?
The six men 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 end up being "paid" to eat their meal.
The restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same percentage, and he proceeded to work out the amounts each should pay.
The fifth man paid nothing, the sixth man pitched in $2, the seventh man paid $5, the eighth man paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of his earlier $59.
Each of the six was better off than before. And the first four
continued to eat for free. But once outside the restaurant, the men began to compare savings.
"I only got a dollar out of the $20." declared the sixth man.
He pointed to the tenth. "But he got $7."
"Yeah, that's right," exclaimed the fifth man, "I only saved a dollar,
too. It's unfair that he got seven times more than me."
That's true!" shouted the seventh man.
"Why should he get $7 back when I only got $2? 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 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.
And that, boys and girls, journalists and college instructors, is how
the tax system works.
The people who pay the highest taxes get the most benefits from a tax reduction.
Tax them too much, attack them for being wealthy, and they just may not show at the table anymore.
Unfortunately, Too many Liberals cannot grasp this straight-forward logic!
PS If you make more than $30,000/year, you are considered wealthy by the IRS.
---------------
Well, I couldn't agree more... Why is everyone freaking out that the rich get the biggest tax break. It's only logical that even if the % tax cut is lower for higher brackets that the benefits will be greater simply because there's so much more money to be taxed, or un-taxed in this case.
Regardless, this country needs a good shot in the A$$ and someone's got to do it. At least Bush has thought this through, unlike everyone out there who's just crying because they didn't get as big of a tax break as the "rich," which, according to the IRS is probably most of us.
