Our Tax System Explained: "Bar Stool Economics"

August 02, 2008

Our Tax System Explained:

Nobody like taxes.

Nobody likes the wealthy.

When the wealthy get tax breaks, it causes protest that is loud and sustained.

But what does it all really mean? What happens when the wealthy don't get the tax breaks that the rest of taxpayers might receive?

It's all spelled out in today's FamilyFirst pick: Our Tax System Explained: "Bar Stool Economics"

Here's the goods:

The explanation is based on ten men going to a bar and having a beer.

The price of the beer varies, based on each man's income.

Then the owner gives everyone an across-the-board discount.

Now's when the whining begins.

The explanation will open your eyes, and perhaps make you think twice about the next tax break you hear about that benefits, among others, the wealthy.

Click here

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