Taxes Explained By Beer

Categories: Taxes

I found this interesting comparison on the internet, so pull up your bar stools, get a drink and see if this makes sense:
Let’s put taxes in terms everyone can understand. Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill [...]

I found this interesting comparison on the internet, so pull up your bar stools, get a drink and see if this makes sense: Let's put taxes in terms everyone can understand. 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. ... Read More

Brownback’s Tax System

Categories: 2008 Presidential Election, Taxes

Senator San Brownback, who is one of the Republican nominees for President, is proposing a new tax system. He proposes a new flat tax system which would be an alternative, not required. You could still pay your taxes the old fashioned way. The flat tax system could eliminated a lot of cheating [...]

Senator San Brownback, who is one of the Republican nominees for President, is proposing a new tax system. He proposes a new flat tax system which would be an alternative, not required. You could still pay your taxes the old fashioned way. The flat tax system could eliminated a lot of cheating on tax returns. But here is the problem. The people who normally cheat, or try to use every conceivable loophole would opt for the old ... Read More