Showing posts with label humor; taxes. Show all posts
Showing posts with label humor; taxes. Show all posts

The US Tax System Described With Beer Analogy

I posted this on another blog site back in 2009, and it is still relevant today.

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.