This is scary when you realize that this is how the Democrats really think:
Explaining the Tax Cuts in Terms of Beers
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&#xsa;vings).
The seventh now pay $5 instead of $7 (28&#xsa;vings).
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 t he 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, 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.
I can’t believe that any of the Dems on here haven’t commented on this.
This is so accurate to what they argue about tax breaks are for the rich only.
I’d love to see this posed at one of the national debates.
This is scary when you realize that this is how the Democrats really think:
Explaining the Tax Cuts in Terms of Beers
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&#xsa;vings).
The seventh now pay $5 instead of $7 (28&#xsa;vings).
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 t he 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, 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.
I’d say you’re pretty clueless as to how Democrats “really think..”
I’d say you’re pretty clueless as to how Democrats “really think..”
Really, how so? This is exactly what the Democrats describe tax cuts from Bush and calling them tax breaks for the rich. Tell me how this is different from what’s really happening.
You’re probably right though, because the Democrats thinking is so irrational that I probably don’t understand it.
I’d say you’re pretty clueless as to how Democrats “really think..”
Really, how so? This is exactly what the Democrats describe tax cuts from Bush and calling them tax breaks for the rich. Tell me how this is different from what’s really happening.
You’re probably right though, because the Democrats thinking is so irrational that I probably don’t understand it.
The only thing irrational here is the analogy between beer and taxes. I mean really. I got one of these silly emails the other day, hard to believe some people actually take them seriously.
I’d say you’re pretty clueless as to how Democrats “really think..”
Really, how so? This is exactly what the Democrats describe tax cuts from Bush and calling them tax breaks for the rich. Tell me how this is different from what’s really happening.
You’re probably right though, because the Democrats thinking is so irrational that I probably don’t understand it.
The only thing irrational here is the analogy between beer and taxes. I mean really. I got one of these silly emails the other day, hard to believe some people actually take them seriously.
------------------
Fred, you never answered Mikeys question. All you did was put some liberal spin on it. This is a great example of how the Bush tax cuts work, yet the Libs are always crying Bush’s tax cuts are only for the rich. This example shows how ridiculous that idea is. I take this example very serious, why wouldn’t you? All I hear is Obama crying a bout he Bush tax cuts for the rich. What is so hard for the Libs to understand about the tax cuts?
I’d say you’re pretty clueless as to how Democrats “really think..”
Really, how so? This is exactly what the Democrats describe tax cuts from Bush and calling them tax breaks for the rich. Tell me how this is different from what’s really happening.
You’re probably right though, because the Democrats thinking is so irrational that I probably don’t understand it.
The only thing irrational here is the analogy between beer and taxes. I mean really. I got one of these silly emails the other day, hard to believe some people actually take them seriously.
------------------
Fred, you never answered Mikeys question. All you did was put some liberal spin on it. This is a great example of how the Bush tax cuts work, yet the Libs are always crying Bush’s tax cuts are only for the rich. This example shows how ridiculous that idea is. I take this example very serious, why wouldn’t you? All I hear is Obama crying a bout he Bush tax cuts for the rich. What is so hard for the Libs to understand about the tax cuts?
If you liken the tax system to guys in a bar drinking beer, I would have to say the analogy is flawed and just too simplistic. There is nothing to answer, sorry.
HEHEHEHEHE That is funny. You have that liberal spin down pat don’t you.
The comparison is fair, you seem to have a problem with the facts when you are faced with them. Truth is usually very simple. You still have not told me where it is not how the liberals think. If I am wrong show me.
HEHEHEHEHE That is funny. You have that liberal spin down pat don’t you.
The comparison is fair, you seem to have a problem with the facts when you are faced with them. Truth is usually very simple. You still have not told me where it is not how the liberals think. If I am wrong show me.
“liberal spin”.... Neocons seriously need some new material.
If your understanding of the tax system can be illustrated by beer drinking bar buddies, well best to ya. At least you have illustrated and confirmed how necons think, and it’s not surprising that the country has serious problems with them in charge.
SPIN, SPIN, SPIN, my side is hurting from laughing so hard. Fred, you can not deny that this little comparison is just like what the liberals think about the Bush tax cuts. Liberals call evenly distributed tax cuts, tax cuts only for the rich. This little illustration demonstrates how ridiculous the liberal thinking is.
Like I said in a previous post, you can not seem to handle the truth, when a liberal lie fits your argument better. You can not get past the beer and taxes to see that the comparison is nearly identical to the liberals criticism of the Bush tax cut. This is so funny.
It’s more like liberal deflection than spin. Liberals understand the analogy perfectly well but
prefer to go off on a tangent regarding beer vs taxes. The liberals in congress apparently see
the U.S. tax system as their means to the relocation of wealth in this country.
Interesting that many Conservatives’ understanding of our tax structure can be ilustrated by Internet folklore, which btw has been refuted time and time again. I’m not terribly surprised....
This thread reminds me of something Warren Buffet said a while back. He made 46 million in 2006 and his tax rate was 17.7% while his receptionist’s tax rate was 30%. AMF, I think he even offered a sizable reward to anyone that could prove him wrong. So to those of you who place value in beer drinking/tax analogies here’s your chance ...all you gotta do is prove what you say is correct...
Oh, if you want to talk about real tax issues, hey I’m game…
Interesting that many Conservatives’ understanding of our tax structure can be ilustrated by Internet folklore, which btw has been refuted time and time again. I’m not terribly surprised....
This thread reminds me of something Warren Buffet said a while back. He made 46 million in 2006 and his tax rate was 17.7% while his receptionist’s tax rate was 30%. AMF, I think he even offered a sizable reward to anyone that could prove him wrong. So to those of you who place value in beer drinking/tax analogies here’s your chance ...all you gotta do is prove what you say is correct...
Oh, if you want to talk about real tax issues, hey I’m game…
A 30% tax rate? I wanna be his receptionist!
Stepping way in over my head here, but Warren is discussing different types of taxes. The Bulk of Warren’s money comes in the form of capital gains and dividends from companies he owns and that income is taxed differently. If you wanna go by his income, he paid himself a salary of 100K and is subject to the same income tax brackets as his receptionist.
Oh, I don’t know what all this has to do with beer, but I don’t like the taste of it.
Interesting that many Conservatives’ understanding of our tax structure can be ilustrated by Internet folklore, which btw has been refuted time and time again. I’m not terribly surprised....
This thread reminds me of something Warren Buffet said a while back. He made 46 million in 2006 and his tax rate was 17.7% while his receptionist’s tax rate was 30%. AMF, I think he even offered a sizable reward to anyone that could prove him wrong. So to those of you who place value in beer drinking/tax analogies here’s your chance ...all you gotta do is prove what you say is correct...
Oh, if you want to talk about real tax issues, hey I’m game…
A 30% tax rate? I wanna be his receptionist!
Stepping way in over my head here, but Warren is discussing different types of taxes. The Bulk of Warren’s money comes in the form of capital gains and dividends from companies he owns and that income is taxed differently. If you wanna go by his income, he paid himself a salary of 100K and is subject to the same income tax brackets as his receptionist.
Oh, I don’t know what all this has to do with beer, but I don’t like the taste of it.
A 30% tax rate is very common for the average taxpayer, usually it’s more for middle class if you factor in state and local taxes. The 30% includes fica and medicare., and fica maxes out on higher income people. A person making $1 million dollars a year pays the same dollar amount of fica as a person making $100,000, so you can see the percentage drops significantly for millionaires. If Warren Buffet pays $6,250.00 per year, that’s pennies to him, but if I pay it, it’s a significant part of my budget.
Wealthy people can usually benefit more from capital gains rates because they typically have more capital assets to buy and sell rather than wages. But in the final analysis it is income subject to income tax. Capital gains rates, in addition to other tax writeoffs and tax deferrals can indeed give wealthier people an overall income tax rate that is lower than the average middle class wage earner.
The people that get hit the worst are upper middle class people in the $100K range, and really get hit hard if there is a working spouse, and the Bush administration’s policies have worsened the problem, and yes I do feel that there has been too many tax breaks for the rich.
If you look at most third world countries you see masses of poor people and very rich people with no real middle class. When I look at how things are going in this country, and all the hits the middle class is taking, I do wonder if we’re headed in that direction.
This is scary when you realize that this is how the Democrats really think:
Explaining the Tax Cuts in Terms of Beers
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&#xsa;vings).
The seventh now pay $5 instead of $7 (28&#xsa;vings).
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 t he 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, 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.
I’d say you’re pretty clueless as to how Democrats “really think..”
Neocons seriously need some new material.
