This was sent to me today. A pretty good explanation of the tax system that we have. I always get a little irritated when people get huffy about "tax breaks for the rich".
Click through and read the whole article where he extends the example to include what happens when we make tax breaks.
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.