Thread: How Taxes Work
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Old 02-22-2004, 11:29 AM   #2 (permalink)
meanSpleen
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Location: A Few Miles Away From Halx
You lost me. This isn't a tax. What the guys were doing was voluntary, and they had a choice to either:
a) Pay equal amounts
b) Pay amounts equal to what they could afford
c) Pay amounts as agreed upon (which they were doing)
d) Not Pay, and not eat.

They agreed upon an amount at the beginning, even though some members, especially Number 10 were not happy about it.

Enter the Price Cut.

Again, I don't see Tax. Nominally, Number 10 saved the most money. Everyone here can probably agree that 7 dollars saved is more than savings of 6, 3, 2, or 1 dollars. But in the ratio of amount saved, Number 10 saved the least. Ignore Number 1-4, because you cannot divide by Zero.

Number five saved 100 percent (1/1)
Number six saved 33 percent (1/3)
Number seven saved 29 percent (2/7)
Number eight saved 25 percent (3/12)
Number nine saved 33 percent (6/18)
Number ten saved 12 percent (7/59)

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I think the point trying to be made is that, "Even though the rich have the lowest tax rate, they pay the most in actual dollars"

The example is just flawed.
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