Uncivil Rights
A BLOG rife with wit, sarcasm, and the endless joy which comes from taunting the socialistic and unpatriotic liberal left. Logical thoughts and musings ONLY need reply...unless you're really, really funny. You have the Uncivil Right to be an IDIOT.
"Give me LIBERTY, or give me DEATH!"
Saturday, February 12, 2005
Teach Me a Lesson, Liberals
I want you liberals to teach me a lesson in economics.
First, some parameters:
The government does not have any money.
Wage earners (those that work for a living and earn money) pay taxes.
The government collects taxes and uses that money to pay for its operations and programs.
The less taxes collected means the less money the government has to spend.
Definition of cost: 1 a : the amount or equivalent paid or charged for something : PRICE b : the outlay or expenditure (as of effort or sacrifice) made to achieve an object
2 : loss or penalty incurred especially in gaining something
Question #1:
How does a tax cut COST the government money?
Another way to think of this: you get an allowance from your Dad of $5.00 a week, just for being you. One week, your Dad decides to reduce that amount to $3.00 a week. Does this cut COST you $2.00?
A tax cut of 10% across the board goes into effect. Employee A's taxes are reduced for $100,000 to $90,000 a year. Employee B's taxes are reduced from $10,000 to $9,000 a year. Now Employee A is STILL paying the same amount of taxes relative to Employee B. Is this a fair tax cut? Should both Employees receive a tax cut of equal amounts? Does this tax cut BENEFIT one Employee over another?
Let me hear you!
First, some parameters:
The government does not have any money.
Wage earners (those that work for a living and earn money) pay taxes.
The government collects taxes and uses that money to pay for its operations and programs.
The less taxes collected means the less money the government has to spend.
Definition of cost: 1 a : the amount or equivalent paid or charged for something : PRICE b : the outlay or expenditure (as of effort or sacrifice) made to achieve an object
2 : loss or penalty incurred especially in gaining something
Question #1:
How does a tax cut COST the government money?
Another way to think of this: you get an allowance from your Dad of $5.00 a week, just for being you. One week, your Dad decides to reduce that amount to $3.00 a week. Does this cut COST you $2.00?
A tax cut of 10% across the board goes into effect. Employee A's taxes are reduced for $100,000 to $90,000 a year. Employee B's taxes are reduced from $10,000 to $9,000 a year. Now Employee A is STILL paying the same amount of taxes relative to Employee B. Is this a fair tax cut? Should both Employees receive a tax cut of equal amounts? Does this tax cut BENEFIT one Employee over another?
Let me hear you!
totalkaosdave, 10:56 AM
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