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January 26, 2012

Beer & Taxes

CATAGORIES: 2012 PRESIDENTIAL ELECTIONS — FloridaBill @ 11:07 am

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100 and 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.

The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, 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 beer by $20.” So drinks for the ten now cost just $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 drink for free…but what about the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’. They 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 drink his beer.

So, the bar 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 pay $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 drink 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 I!”

“That’s true!!” shouted the seventh man. “Why should he get $10 back when I got only two? 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 drinks, so the nine sat down and had beers 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!

And that, ladies and gentlemen, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.

January 23, 2012

RIP: Joe Paterno

CATAGORIES: REST IN PEACE — FloridaBill @ 9:56 am

January 20, 2012

Newtonian Indignation

CATAGORIES: 2012 PRESIDENTIAL ELECTIONS — FloridaBill @ 8:16 am

Did you watch the debate last night? I did not. I did get a kick out of the replay this morning of the opening salvo between CNN host John King and the Newtmeister.

January 17, 2012

Backyard Creek on January 16

CATAGORIES: BACKYARD OASIS AND SWIMMING — FloridaBill @ 11:04 am

January 10, 2012

2011 BCS National Champs: Alabama Crimson Tide

CATAGORIES: EVEN YET STILL MORE,FEEL GOOD STORIES,ROLL TIDE,SPORTS — FloridaBill @ 11:41 am

ROLL TIDE ROLL!!!

The game may have been boring (of you are not a Bama fan) but it was good for me.

January 9, 2012

Today is the day

CATAGORIES: i love it when this happens,ROLL TIDE,SPORTS — FloridaBill @ 11:46 am

Roll Tide Roll.

The only football game I really care about for the rest of the year kicks off tonight at 7:30. I predict the Tide by three, 27-24. Any takers?

January 4, 2012

Someone just barfed on iowa

CATAGORIES: 2012 PRESIDENTIAL ELECTIONS,POLITICS AND POLITICIANS — Sal Uki @ 2:01 am

iowa caucus map

What we learned from a vanilla field in the Hawkeye state:

– The Perry charade is over.
– Bachmann’s even crazier than we thought. Vowing to hunker down in South Carolina until nagging her way to a nomination.
– Ron Paul is his own worst enemy. Allowing nuclear weapons in Iran makes you unelectable. Period.
– Mitten is mitten. He’s got the resources, not the charisma.
– Newt was so mad I thought he was gonna turn green and rip his shirt off.
– 39 people still like Herman Cain. Now before you go googling how many black people live in Iowa, the answer is seven.

The rest of the way is gonna be a blood bath. Newt will spend the remainder of his campaign pummeling the plastic-faced one from Massachusetts. Santorum was a fluke in the the fact that everyone had a ride on the Iowa pony. His just came at the right time.

The bad news is, none of these clowns are beating Obama. He’s stockpiling the warchest, waiting for a wounded animal. A broke-ass, wounded animal.