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Suppose that every day, ten men meet at their favorite coffee shop for lattes, espressos, and the occassional muffin, 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.
Suppose that every day, ten men meet at their favorite coffee shop for lattes, espressos, and the occassional muffin, 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.
Incredible, I'm trying to figure out where the problem with that economic breakdown is... After all, the way I hear it, the last guy shouldn't mind, considering, if he didn't pay the taxes he would give the money to a private charity to help out the first 4 guys... At least that's the way all the conservatives tell me the story.
The story comes up short in that all of the coffee drinkers are drinking the same size coffee. The wealthier man has more coffee because he can afford to have more coffee. The ones who are getting their coffee for free are only getting a small amount. If the wealthy man takes his cash AND his consumption away; possibly the others can afford their cups if they themselves don't add to their consumption.
Maybe the first four men have jobs, but because inflation has gotten so crazy you can't get a family of three to survive on 30,000 dollars a year?
Fair tax is to complicated (went over this in other threads), flat tax, with a 20K no tax limit for each and every American.
Ok, maybe they do have jobs. But they are getting coffee. It's not a need. If they can't afford it; they shouldn't expect to have it "just because".
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