Should those making over $250,000 per year stop complaining about their

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IslamDelendaEst

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upcoming tax hike? I mean, come on...there's always a way out. They could just do like Timothy Geithner and Tom Daschle did and simply "forget" to pay it. Heck, such a plan might even be good for the economy. After all, aren't most tax cheats gainfully employed by The One's administration these days?
mr: You might want to read the rest of the question. I'm on your side.
 
I laid off 2 employees expecting this so I get to keep MY money...and I chose who to lay off by the Obama bumper stickers....those with them WENT....Their messiah will take care of them....
 
Sarah Palin also 'forgot' to pay....so, yes, apparently there is a 'way out'.
 
Hehe--If he just keeps making appointments, we may not have a deficit!! They all pay up when he calls their names!
 
No, they are right to assume they can spend their money better then the government. They did not get to 250K following the example of government.
 
Who wants to bust their azz in college so they can pay for some welfare sucking ghetto momma, her eight kids, and her boyfriend's prison meals? I would be pissed, too.

Why don't you pay for this garbage since you want it so much instead of using other people's money?
 
yes, as should the lower class not even mention the fact that their paltry tax cuts are being offset by a loss in the amount they are able to claim in deductions.

i mean, they should be able to just absorb that joke on them, right?

haha, haha, ha....

ahh
 
60% of the people falling under the tax increase are small business owners or financers.
With the tax increases, and the carbon credit program, we're going to innihilate American business.
 
No, I think taking 40% of what someone earns right off the top is about right. That still leaves 60% for all the other taxes, state, local, employee pay, unemployment, social security, medicare, etc.etc.
 
Since we all like talking about taxes, think about this...
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.

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 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, 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.
Source(s):
David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia
 
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