Thread: Pondering Taxes -

I was having lunch at PJ's with one of my favourite clients
last week and the conversation turned to the government's
recent round of tax cuts. "I'm opposed to those tax cuts,"
the retired college instructor declared, "because they
benefit the rich. The rich get much more money back
than ordinary taxpayers like you and I and that's not fair."

"But the rich pay more in the first place," I argued, "so it
stands to reason that they'd get more money back."

I could tell that my friend was unimpressed by this meager
argument. Even college instructors are a prisoner of the
myth that the "rich" somehow get a free ride in Canada.

Nothing could be further from the truth.

Let's put tax cuts in terms everyone can understand.
Suppose that everyday 10 men go to PJ's for dinner.
The bill for all ten comes to $100. If it was paid the way
we pay our taxes, the first four men would pay nothing;
the fifth would pay $1; the sixth would pay $3;
the seventh $7; the eighth $12; the ninth $18.
The tenth man (the richest) would pay $59.

The 10 men ate dinner in the restaurant every day and
seemed quite happy with the arrangement until 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 meal by
$20. Now dinner for the table only costs $80."

The first four are unaffected. They still eat for free.
Can you figure out how to divvy up the $20 savings
among the remaining six so that everyone gets his fair
share?

The men realize that $20 divided by 6 is $3.33, but if they
subtract that from everybody's share, then the fifth man
and the sixth man would end up being paid to eat their meal.
The restaurant owner suggested that it would be fair to
reduce each man's bill by roughly the same percentage
he had put in, and he proceeded to work out the amounts
each should pay.


And so the fifth man paid nothing, the sixth pitched in $2,
the seventh paid $5, the eighth paid $9, the ninth paid $12,
leaving the tenth man with a bill of $52 instead of $59.

Outside the restaurant, the men began to compare their
savings. "I only got a dollar out the $20," declared the
sixth man pointing to the tenth, "and he got $7!"

"Yeah, that's right," exclaimed the fifth man. I only saved
a dollar, too. It's unfair that he got seven times more
than me!

"That's true," shouted the seventh man. "Why should he
get $7 back when I got only $2? 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 he didn't show up for dinner, so the nine
sat down and ate without him.
When it came time to pay the bill, they discovered something
important.
They were $52 short!
++++++++++++++++++++++++
And that, boys and girls and college instructors, is how
Canada's 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 at the table anymore.
There are lots of good restaurants in Switzerland and
the Caribbean.

I believe in Alberta (oil rich) they pay no taxes, in Nova Scotia it is 14% on everything, personal taxes based on income, under $20,000k get a break, over $40,000k get a break, its the middle person who tends to pay the most, Canada is one of the highest taxed countries in the world, two things are for sure in life......death and taxes. lol

True True!...lol
Im a very very simple person and have no clue of what "THEY" all want us to belive about the reasons for paying taxes the way we all do. (different theories, different areas). But my theory if "THEY" would let me run the world is pay on what you make. Very dumb but very effecient. set tax for everyone. no loopholds for anyone. pay x amount on x amount made...lol..
arent ya all glad I dont run the world!....lol
ok my friend Vasili, your turn..I know your dying to kick this one around!..
have at it my dear!...lol

Maybe "They" who set the tax, should take a reduction in wages so "We" didn't have to pay so much tax. Or better yet let us decide about the taxes and "We" choose none. lol

OH ya...you an I have got to at least run this area of north america!...lol... Like the way ya think!...

lol Kate and free grapa for all!

Ill take two!... ease the pain...lol

A couple of weeks after hearing a sermon on Psalms 51:2-4 (knowing my own hidden secrets) and Psalm 52:3-4 (lies and deceit), a man wrote the following letter to the IRS:

"I have been unable to sleep, knowing that I have cheated on my income tax. I understated my taxable income, and have enclosed a check for $150.
If I still can't sleep, I will send the rest."

Originally Posted by C L

A couple of weeks after hearing a sermon on Psalms 51:2-4 (knowing my own hidden secrets) and Psalm 52:3-4 (lies and deceit), a man wrote the following letter to the IRS:

"I have been unable to sleep, knowing that I have cheated on my income tax. I understated my taxable income, and have enclosed a check for $150.
If I still can't sleep, I will send the rest."

Thats so good I wanted to see it again!....lol

So is that!....I want one for Halloween too!!!!...well not one that says robyn...lol

Well then Kate, I'll have to see what I can do. Kate right?

Big Huge Deep Teethy Cheeky Grins!!!!!........

Kate, her site is under construction......until after Halloween, so no sig. Sorry, was on the way to get if for you.

Big Huge Watery Crocodile Tears....lol

Here's one I found. I'll get you one from this lady.....she makes the best. Just have to wait.....she is probably making a whole new bunch of sigs.

Cool.....give me a bit...
>owies<....lol

One for Jim....lol

Oh, thats to much!...lol....
got bumped off line..damn dial up!

too much dirty talk in this room girls, lol (taxes)

haha...I know!....bad potty mouth!...lol

Good news Kate, I just emailed the sig lady and she is gonna make you one.

Really?!! cool...whos the sig lady?

CL have you hearn from the lady yet?

Originally Posted by kassi59

CL have you hearn from the lady yet?

I'm the lady, the lady hee hee ... oh the lady the lady who who ....

oops sorry ... got off track singing ....

wrong lady .... :)

lol

lol....your a silly lady!....hehe....but a sweet one!....
love your singing!

Originally Posted by kassi59

lol....your a silly lady!....hehe....but a sweet one!....
love your singing!

Couldn't you just hear that tune Kassi .... lol ....

Like all my friends say

"Where did you spend your money?" and I would say "What Money?"
and they would say "The money your mother gave you for singing lessons"

lol

Still waiting too Kate, sometimes she takes awhile, I was expecting it today, should be tommorrow, we hope. hee hee

Cool! Im here every now and then!

Finally, here you go Kate, have a good one, gal.

Kate ... just wondering if you have yet seen this post by CL in this thread ... her last post??

Ah cool!....thanks CL! Now I have a halloween costume too!
and thanks me lady for giving me the heads up! didnt see it!

wow robyn flashy!...whoo hoo!