Jim you would have to take in account the value of the dollar.... Next do you have link that ALL US CORPORATIONS have the highest profits since 1900???? If not then why are the few sitting on their money? I think you know the answer to that..... TODA.... Capital gains ??? nice twist but not mentioned above!!!! And if it were how many times would you tax the same dollar????
Jim it's anger budy.... These guys and gals are upset that we have a president that has no business sense..... I think it's time for this again.....
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 $100If 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.
So, 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, when 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.
So, the first four men were unaffected. They would still 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 his '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 each end up being 'PAID' to eat their meal.
So, the restaurant 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 paid $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 eat 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 me!""That's true!!" shouted the seventh man. "Why should he get $10 back when I got only $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 didn't have enough money between all of them for even half of the bill!
Look guys Dusty is frustrated..... Cut him some slack..... Dusty if BO wins I'll get you nice tall oatmeal stout from the Railhouse..... If Romney wins I'll still buy you one.......
EmphasisThat Obama wins the Electoral College? Sure
Just shoot me a pm or email and let me know a time and place..... I kinda prefer the Railhouse as they brew their own beer and are retired military...... It's a support thing (military) I'm sure you understand.....
Aberdeeniac 6 months, 1 week ago
Doesn't Make Sense
Dusty please see my youtube video above.......
Aberdeeniac 6 months, 1 week ago
Doesn't Make Sense
Why our Country is Going Down The Drain by FernwoodPatriot
Aberdeeniac 6 months, 2 weeks ago
Obama Re-Elected; GOP Sweeps Raleigh
Dusty I owe you one each brewski..... Let me know when and where....
John
Aberdeeniac 6 months, 3 weeks ago
Come Back to Our 'Can Do' Attitude
Jim you would have to take in account the value of the dollar.... Next do you have link that ALL US CORPORATIONS have the highest profits since 1900???? If not then why are the few sitting on their money? I think you know the answer to that..... TODA.... Capital gains ??? nice twist but not mentioned above!!!! And if it were how many times would you tax the same dollar????
Aberdeeniac 6 months, 3 weeks ago
Saw the Signs
4th paragragh was total BS....... Really? Integrity???? Have you watched the news lately?????
Aberdeeniac 6 months, 3 weeks ago
So How Did Tuesday Voting Ever Start?
Nice column Dusty...... I learned something today!!!!!
Aberdeeniac 6 months, 3 weeks ago
Come Back to Our 'Can Do' Attitude
Jim it's anger budy.... These guys and gals are upset that we have a president that has no business sense..... I think it's time for this again..... 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 $100If 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. So, 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, when 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. So, the first four men were unaffected. They would still 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 his '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 each end up being 'PAID' to eat their meal. So, the restaurant 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 paid $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 eat 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 me!""That's true!!" shouted the seventh man. "Why should he get $10 back when I got only $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 didn't have enough money between all of them for even half of the bill!
Aberdeeniac 6 months, 3 weeks ago
For President: Barack Obama
Look guys Dusty is frustrated..... Cut him some slack..... Dusty if BO wins I'll get you nice tall oatmeal stout from the Railhouse..... If Romney wins I'll still buy you one.......
Aberdeeniac 6 months, 3 weeks ago
Erroneous Information
You know the reason I cancelled HBO???? Because of this idiot!!!!!
http://newsbusters.org/blogs/noel-sheppard/2012/11/03/maher-if-you-vote-romney-black-people-know-who-you-are-and-will-come
Nuff said on that.....
Aberdeeniac 6 months, 3 weeks ago
For President: Barack Obama
EmphasisThat Obama wins the Electoral College? Sure
Just shoot me a pm or email and let me know a time and place..... I kinda prefer the Railhouse as they brew their own beer and are retired military...... It's a support thing (military) I'm sure you understand.....
John