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 as much as 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 man 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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed. For those who do not
understand, no explanation is possible.

--
John H

For a great time, go here first... http://tinyurl.com/ygqxs5v

On Sat, 08 May 2010 21:11:11 -0400, John H
wrote:


The nine men surrounded the tenth man 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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed. For those who do not
understand, no explanation is possible.

oh brother...cry me a river for the rich. what you guys forget is that
of the $100, the rich guy gets 80 this year, 85 the year after, 90 the
year after that....

the other guys get zip but still have to buy the drinks

and spare me the risk of bitching about the rich. they just screwed
our economy like they were priests and the middle class was an altar
boy.

On 08/05/2010 7:14 PM, bpuharic wrote:
On Sat, 08 May 2010 21:11:11 -0400, John
wrote:


The nine men surrounded the tenth man 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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed. For those who do not
understand, no explanation is possible.

oh brother...cry me a river for the rich. what you guys forget is that
of the $100, the rich guy gets 80 this year, 85 the year after, 90 the
year after that....

the other guys get zip but still have to buy the drinks

and spare me the risk of bitching about the rich. they just screwed
our economy like they were priests and the middle class was an altar
boy.

We know you and de-fumer would be the cheap skates. So quit your bitching.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sat, 08 May 2010 21:42:24 -0600, Canuck57
wrote:

On 08/05/2010 7:14 PM, bpuharic wrote:
On Sat, 08 May 2010 21:11:11 -0400, John
wrote:

oh brother...cry me a river for the rich. what you guys forget is that
of the $100, the rich guy gets 80 this year, 85 the year after, 90 the
year after that....

the other guys get zip but still have to buy the drinks

and spare me the risk of bitching about the rich. they just screwed
our economy like they were priests and the middle class was an altar
boy.

We know you and de-fumer would be the cheap skates. So quit your bitching.

that's true. that's why liberals balance the budget and right wingers
are socialists who spend the money of hard working people on the rich

On 09/05/2010 4:34 AM, bpuharic wrote:
On Sat, 08 May 2010 21:42:24 -0600,
wrote:

On 08/05/2010 7:14 PM, bpuharic wrote:
On Sat, 08 May 2010 21:11:11 -0400, John
wrote:

oh brother...cry me a river for the rich. what you guys forget is that
of the $100, the rich guy gets 80 this year, 85 the year after, 90 the
year after that....

the other guys get zip but still have to buy the drinks

and spare me the risk of bitching about the rich. they just screwed
our economy like they were priests and the middle class was an altar
boy.

We know you and de-fumer would be the cheap skates. So quit your bitching.

that's true. that's why liberals balance the budget and right wingers
are socialists who spend the money of hard working people on the rich


Funny, Obama is a liberal and now holds the record of being the worlds
largest debt increases in mankinds history.

A dubious honour for sure.
--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sun, 09 May 2010 08:08:18 -0600, Canuck57
wrote:

On 09/05/2010 4:34 AM, bpuharic wrote:
On Sat, 08 May 2010 21:42:24 -0600,
wrote:
.

that's true. that's why liberals balance the budget and right wingers
are socialists who spend the money of hard working people on the rich


Funny, Obama is a liberal and now holds the record of being the worlds
largest debt increases in mankinds history.

last guy to balance the budget: clinton

biggest spenders: bush and reagan

and the rich boys on wall street wiped out more in 1 day than obama's
spent in a year.

and obama? more people in the work force. GDP increasing. economy's
growing

he's applying standard keynesian economics rather than giving tax cuts
to the rich

it's working

A dubious honour for sure.

yeah i know. you weep because unemployment's not at 25%

On May 8, 9:14*pm, bpuharic wrote:
On Sat, 08 May 2010 21:11:11 -0400, John H
wrote:



The nine men surrounded the tenth man 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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed. For those who do not
understand, no explanation is possible.

oh brother...cry me a river for the rich. what you guys forget is that
of the $100, the rich guy gets 80 this year, 85 the year after, 90 the
year after that....

the other guys get zip but still have to buy the drinks

and spare me the risk of bitching about the rich. they just screwed
our economy like they were priests and the middle class was an altar
boy.

You've got to remember that Herring is on a government Pension. He
sucks off the teat of EVERYONES wages.

On 09/05/2010 7:25 AM, *e#c wrote:
On May 8, 9:14 pm, wrote:
On Sat, 08 May 2010 21:11:11 -0400, John
wrote:



The nine men surrounded the tenth man 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.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed. For those who do not
understand, no explanation is possible.

oh brother...cry me a river for the rich. what you guys forget is that
of the $100, the rich guy gets 80 this year, 85 the year after, 90 the
year after that....

the other guys get zip but still have to buy the drinks

and spare me the risk of bitching about the rich. they just screwed
our economy like they were priests and the middle class was an altar
boy.

You've got to remember that Herring is on a government Pension. He
sucks off the teat of EVERYONES wages.

Yep, he is a good good little statist-marxist.

--
There is a sucker born every minute, liberals and our politicians are
counting on it.

On Sat, 08 May 2010 21:11:11 -0400, John H
wrote:

In fact, they might start drinking overseas where the
atmosphere is somewhat friendlier.

In fact, overseas, not paying taxes has become a finely honed
tradition, especially for the very wealthy.

Look where Greece has ended up.

On Sat, 08 May 2010 21:18:43 -0400, Wayne.B
wrote:

On Sat, 08 May 2010 21:11:11 -0400, John H
wrote:

In fact, they might start drinking overseas where the
atmosphere is somewhat friendlier.

In fact, overseas, not paying taxes has become a finely honed
tradition, especially for the very wealthy.

Look where Greece has ended up.

Yup. The rich leave (or at least get their money out of the country), and the
middle class pick up the pieces. Until they can't do it any more.
--
John H

For a great time, go here first... http://tinyurl.com/ygqxs5v