Wednesday, November 3, 2010

Tuesday, November 2, 2010

Maybe NOW people will understand....

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100.00


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 man would pay $1.

The sixth man 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 ball. "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 men would 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? How could they divide the $20 windfall so that everyone would get his fair share?


They realized that $20 divided by six people is $3.33. But if they subtracted that from everyody'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 a higher percentage the poorer he was, to follow the principle of the tax system they had been using. He proceeded to work out the amounts he suggested that each should now pay.


So, the fifth man, like the first four, now paid nothing [a 100% savings].

The sixth man now paid $2 instead of $3 [a 33% savings].

The seventh man now paid $5 instead of $7 [a 28% savings].

The eighth man now paid $9 instead of $12 [ a 25% savings].

The ninth man now paid $14 instead of $18 [a 22% savings].

The tenth man now paid $49 instead of $59 [a 16% savings].


Each of the six was better off than before. And the first four continued to drink for free. But once outside the bar, the men began to compare their savings.


"I only got a dollar out of the $20 savings," declared the sixth man. He pointed to the tenth man, "but he got $10 in savings!"


Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that the richest among us got ten times more benefit than me!"


"That's true!" shouted the seventh man. "Why should he get $10 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. This new tax 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 their 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 tab.

And that, boys and girls, journalists and government ministers, is how our tax system works.


The people who already pay the highest taxes will naturally 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.

David R. Kamerschen, Ph.D.

Professor of Economics

Tuesday, October 5, 2010

Saturday, September 25, 2010

Friday, September 17, 2010

Obama cousin at Tea Party rally rips Obama, health plan: CHICAGO SUN-TIMES

Dr. Milton Wolf, an Obama cousin at Tea Party rally rips Obama, health plan ::
CHICAGO SUN-TIMES :: Metro & Tri-State

September 17, 2010

President Obama, stimulus packages and national health care came under criticism Thursday night at a Tea Party rally in St. Charles.

Dr. Milton Wolf, an Obama cousin, told the crowd of 300 at the Pheasant Run Resort that the national health-care plan needed to be repealed.

"Now, many say it can't be repealed. If you believe we cannot repeal Obamacare, I have just one message for you -- yes, we can," said Wolf at the event, which is part of the November Is Coming bus tour.

Wolf also quipped that he is "the leader of the conservative wing of the first family. It's been said I should be the next president, and it's been said I have a psychiatric disorder, and both were within my own family."

The Americans for Prosperity and the Kane County 912 Tea Party infused the crowd with their crusade for fewer taxes, smaller government, more freedom and even a sense of history.

The stimulus package also was criticized.

"This is a time in history when we can make a change, the right kind of change, if we stay engaged," said Joe Calomino, head of the Illinois chapter of Americans for Prosperity.

Also joining the program were Amy Jacobson, co-host of WIND radio's "Big John and Amy" show and a former television reporter, and former "American Idol" contestant Krista Branch, who sang "I Am America," a popular YouTube video and the signature song from her album of the same name.

But those on the program stressed that the evening was not about officials or personalities -- only two local politicians showed up, state Rep. John Millner and state Sen. Randy Hultgren, who is running for Congress from the 13th District -- but about what the man in the street can do to pursue conservative ideals.

Wolf said people need to donate to candidates, knock on doors, talk to neighbors and make phone calls.

"In 2010, voting is not enough," Wolf said. "You need to step out of your comfort zone and find a way to get involved."

Sun-Times Media


Sunday, September 12, 2010

American Thinker Blog: Muslim children 'bear the burden of 9/11'

American Thinker Blog: Muslim children 'bear the burden of 9/11'

September 12, 2010

Muslim children 'bear the burden of 9/11'

Ethel C. Fenig
Who bears one of the biggest burdens from the attacks of 9/11? If you were to answer the families of the victims of that horrible day just nine years ago, you would be wrong according to the politically correct,weepy report in the Chicago Tribune by Manya Brachear which turns the followers of the religion that inspired the attacks into victims.

Muslim teens grow up in shadow of terrorist attacks
Children bear burden of day Americans will never forget
The old fashioned paper article carries it even further with an additional headline
"Muslim children bear burden of 9/11."

Now certainly the carefully selected, wholesome model American Muslim teens depicted in this article, who were children on that day, didn't take part in the attacks. And as children they must have been confused when they received strange looks or heard some mild negative comments such as "terrorist" directed at them and their families. And that's the only "burden" they suffered. But they're teenagers now, older. They still don't seem to question certain aspects of their religion or culture--indeed some are rather defiantly proud of it--and indeed, the article portrays them as victims--"burdened," - not by the evil of their co religionists who acted in the name of their mutual religion but by others understandably wary of them.


No mention anywhere in today's Chicago Tribune are the children left parentless by 9/11. How are they faring? Perhaps because it wouldn't be politically correct, the Tribune ignores them. But these children as well as all the survivors of those slaughtered are the ones who "bear a burden" that will endure for all their lives.


By ignoring them and focusing on a marginal human interest story Ms. Brachear created a twisted moral equivalence; inflating some minor distractions into major problems to create victims where there were none while ignoring the true suffering victims of the survivors.


Manipulating public feelings in this way worked in the bad old days when the MSM were the gatekeepers of the news. Now it merely exposes their biases and failings.