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Fair Share??

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    Fair Share??

    Fair Share

    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, the oil man) 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."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 (the ALBERTA oil man)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 NDP'ers in unison. "We didn't get anything at all. The system exploits the poor!"

    The nine men surrounded the tenth, the Alberta oil man, 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, boys and girls, 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.

    David R. Kamerschen, Ph.D. - Professor of Economics, University of Georgia
    For those who understand, no explanation is needed. For those who do not understand, no explanation is possible.

    #2
    What a load of crapola you peddle. Designed to justify cries for less taxation by those with higher incomes than the average Joe. I have seen this BS pasted all over the internet by the rightards who think that services that we need every day...police, fire protection, health services, postal service, etc., etc., should be provided but don't want TAXES assessed from them to PAY for these services and others.

    Comment


      #3
      Well Willy, in my province it is the "police, fire protection, health services, postal service, highway workers, Sask power workers and sasktel workers, and all other "government" employees that are paid the highest wages. They demand Alberta oil workers type salaries in the Saskatchewan economy!!

      So much for the righteousness of the left and NDP elements. Given the opportunity they grub and skim and pry from the public every $ they can.

      And I’d bet you pay the bare minimum of tax when you can!!

      Comment


        #4
        Another insightful reply from Wil. True lefty response - attack the messenger but offer no truthful alternative opinion.

        Tell us then oh enlightened one, who exactly does pay the majority of the taxes in our society. I trust you can back it up with sources right?

        This story has been told before, and it is good to hear it again and again. The reason it keeps going is that it is true poor willy and no lefty can ever discount its accuracy.

        Comment


          #5
          Silverback: I have paid my share of taxes in my lifetime. I didn't begrudge doing so (actually I had no choice in the matter).

          I used RRSPs when possible to mitigate paying tax...nothing wrong with that either.

          I get so tired of people who have all of the sudden "made it big", who greedily want to keep most of the new-found riches and brag about...if THEY want medical care THEY should be allowed to pay for it themselves and opt out of the medicare system and its expense (paid for out of taxes).

          Equating medicare with communism is totally b.s. as well.

          Getting back to "Fair Share" for the "big oil" people...Ralph Klein and his gang made sure that their foreign investors got the gravy and we got the bowl. Time for a change, and if Stelmach won't do it, then it is time to put in another party that will.

          Comment


            #6
            There are countries that have a lot lower taxes than Canada , BUT You wouldn't want to live there.

            Quit bitc-- and pay your taxes and be thankful you live in the society that we've got here in Canada.

            If you live in Alberta remember this is a democracy , the cons have been in for 40 years , get them out and revamp your royalty structure so your not giving it away and then ,maybe your gov't could reopen the hospitals and schools and whatever else it Closed because they had no money.

            Heck you could be like Alaska where Every man,woman and child gets a cheque from oil revenues each and every year.

            Comment


              #7
              Willy and mustard suffer from the same infliction that so many in Saskatchewan suffer from.
              FEAR, LOTHING and ENVY!!

              They have no understanding of whart it takes to create wealth.

              And Mustard...you have not had a "Conservative" government for 40 years...no one in canada rrealy has!!

              They are Conservative in name only...and have acted quite liberal with your money.

              A big swing further to the left would be a big mistake...but if that is what turns you on...move to Cuba.

              Comment


                #8
                ivbinconned: I know how to create wealth...I've been doing it all of my life. Every time I milked a cow, or slopped a hog, or seeded a crop and harvested it, I created wealth.

                Wealth is created from LABOUR or LABOR if you are an American.

                Now, I am tired of creating wealth and I want you to keep on paying taxes and I will gladly cash my pension checks and thank you profusely. Please keep it up.

                No, I don't want to live in Cuba...shortage of toilet paper and toothpaste doesn't appeal to me. I am a capitalist with a social conscience. Somewhat like your NDPers in Saskatchewan.

                Comment


                  #9
                  Thanks for the post. iv.... Excellent comparison for those who have actually "earned" the dollars.

                  What it ignores when compared to the Alberta resource situation is the principle that the resources are owned by the Alberta people. A "fair share" has to accept this principle.

                  When someone thinks that by providing a service for some one some how makes them an owner of that asset that really grinds my gears.

                  Comment


                    #10
                    Thanks lifer for your reply.

                    But I will once again post a question that I have posted before but no one has every attempted to answer.

                    IF the pioneers and explorers and risk takers and gold panners had all been told, "go ahead, dig, drill and explore if you want to take the risk...but what ever you find...what ever you gain...THAT, you must remember belongs to everyone"!!!

                    Would there ever have been a gold rush? Would there ever have been a "Leduc"??

                    It is beyond me why some can't see that if Coppers boys are getting paid a great wage working in the oil patch that, THAT TOO, should be looked at, as a "royalty" PAID to Albertans!!

                    Funnel more throough the government and watch the abuse !!!

                    Also through the high wages paid to workers in the oil and gas sector...higher taxes than usual are getting paid into the pot!! "A royaty"and public benifit!!

                    Comment

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