Originally posted by NarrowWay
Got this in an email and thought it was worth sharing:
If you don't understand the Democrats' version of the 2001 tax cuts (and
you are not alone), this will explain it for you (it will also give
insight to their position on the newly proposed tax cuts):
50,000 people go to a baseball game, but the game was rained out and a refund was then due the attendees. The team was about to mail refunds when the Congressional Democrats stopped them and suggested sending refund amounts based on the Democrat National Committee's interpretation of fairness. After all, if the refunds were made based on the price each person paid for the tickets, most of the money would go to the wealthiest ticket holders and that would be unconscionable. The DNC plan lays down the following criterion:
A. People in the $10 seats will get back $15 because they have less money to spend. Call it an "Earned" Income Ticket Credit." Persons "earn" it by demonstrating little ambition, few skills and poor work habits, thus keeping them at entry-level wages.
B. People in the $25 seats will get back $25 because that's only fair.
C. People in the $50 seats will get back $1 because they already make a lot of money and don't need a refund. If they can afford a $50 ticket then they must not be paying enough taxes.
D. People in the $75 luxury seats will have to pay another $50 because they have way too much money to spend.
E. People driving by the stadium who couldn't afford to watch the game will get $10 each. Even though they didn't pay anything or attempt to go to the game, they get a refund because they need the most help.
Now do you understand? If not, contact Representative Richard Gephardt or Senator Tom Daschle for assistance with further explanations.
