| Robert |
06/03/08 5:47am
Post
#1
|
|
Major ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Not The One & Only Posts: 650 Joined: September 29th 2007 Member No.: 4677 |
I'm sure this overly simplified but at the same time reasonably accurate.
I though it was an interesting look at our tax system. Our Tax System Explained: "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 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 money between all of them for even half of the bill! And that, ladies and gentlemen, 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. David R. Kamerschen, Ph.D. Professor of Economics University of Georgia |
![]() ![]() |
| Robert |
06/08/08 12:25pm
Post
#2
|
|
Major ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Not The One & Only Posts: 650 Joined: September 29th 2007 Member No.: 4677 |
"Regarding illegal immigration worker surplus -aren't most of the jobs they do the ones that none else wants to do at the pay employers push on them."
That is one of the biggest an most subversive myths about illegal immigration. Proponents of Illegal immigration always try to get people to envision the seasonal migrate Agricultural workers. That's a load of B.S. There are a lot of what use to be decent working class jobs that have disappeared over the last few decades because of illegal immigration. A Few examples. Meat packing plants, sure it's a crappy job in poor working conditions but it use to be a reasonably well paying job for someone who was willing to do the work. Not everyone is cut to be a white collar professional. 30 years ago jobs like this allowed people to earn a decent living wage. Now 75% of them are done by illegal immigrates who are willing to work for considerably less as long as their employer is willing to overlook their legal status. Lots of the support type jobs in constrution have disappeared to anyone who doesn't speak Spanish an willing to work for half what the job use to pay. These are jobs people of limited abilities use to do to make a decent living. They were never going to get rich but they had an oppurtunity to do a job where hard work counted for something. There is nothing wrong with being a ditch digger, a man could have repect for himself for doing a good job while making a decent living. Now jobs like that pay half of what it use to because the employor can get an illegal immigrate to do it for less. The comapnies doing this have the attitude, So what if we are breaking the law. Middle an lower class American workers are out $200 billion annually in lost jobs and wages. We don't need any new laws, just the laws we already have to be "ENFORCED" against any business willing to look the other way, break the law, just because it saves them a little money. There have been several studies done that show the wave of poor uneducated laborers pouring in from the south has already depressed American wages. I don't know how anyone could agrue that is a good thing. |
Robert Bar Stool Economics 06/03/08 5:47am
Hellfighter Maybe because our beer up here has more alcohol in... 06/03/08 8:36am
Robert As in the example, the rich got more dollar for do... 06/03/08 9:50am
Blitz http://www.federalbudget.com/whopays.html
http://... 06/03/08 6:43pm
Genocide Junkie Hellster I think your assertion that the rich man ... 06/03/08 8:12pm
Hellfighter Hellster I think your assertion that the rich man... 06/04/08 5:27am
HammaTime For the record, Kamerschen is on the record as say... 06/04/08 6:46am
Robert Thank You Blitz for that great link to Who Pays by... 06/03/08 9:54pm
Blitz I read Boortz every day, he does a section called ... 06/03/08 11:11pm
tim the beer would be cheaper if we didnt send it on o... 06/04/08 9:37am
Shred So can they deduct the liver damage on Schedule A?... 06/04/08 10:36am
Hellfighter I was just thinking something else...
Rich guy nu... 06/04/08 11:36am
Blitz
this surplus of money doesn't appear out of t... 06/04/08 3:52pm
Hellfighter
this surplus of money doesn't appear out of ... 06/04/08 6:24pm
Shred Did anybody get laid in this bar?
I'm intrigue... 06/04/08 3:21pm
Genocide Junkie I'm sure some won't like this but that... 06/04/08 5:58pm
PFC Mustangman On this illegal immigration I knew a Mexican man w... 06/08/08 1:51pm![]() ![]() |
|
Lo-Fi Version | Time is now: 05/04/26 1:01pm |