Friday, April 13th, 2007
A tax-time tale
This is an old story about taxes. The numbers may need to be adjusted a bit, but I would bet that that adjustment would be very small. The article I am pulling the story from was published just a bit over four years ago. It still illustrates very simply what is wrong with a “progressive” tax system and the entire “tax cuts for the rich” mantra you hear from the left and from Democrats every time tax cuts are proposed:
Ten men go to dinner every day and order the same meal. Each meal costs $10, making $100 in all, but they decide to pay the bill the way we pay our taxes. So the first four, being poor, pay nothing. The fifth is better off, so he pays $1. The sixth pays $3, the seventh pays $7, the eighth pays $12 and the ninth pays $18.

