Bar stool economics

Bar Stool Economics

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.
So, that’s what they decided to do. The ten men drank in the bar every
day and seemed quite happy with the arrangement, until one day, the
owner threw them a curve. “Since you are all such good customers,” he
said, “I’m going to reduce the cost of your daily beer by $20.” Drinks
for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so
the first four men were unaffected. They would still drink for free. But
what about the other six men-the paying customers? How could they divide
the $20 windfall so that everyone would get his fair share?
They realized that $20 divided by six is $3.33. But if they
subtracted that from everybody’s share, then the fifth man and the sixth
man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man’s
bill by roughly the same amount, and he proceeded to work out the
amounts each should pay.
And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before. And the first four
continued to drink for free. But once outside the bar, the men began to
compare their savings.
“I only got a dollar out of the $20,”declared the sixth man. He pointed
to the tenth man, “But he got $10!”
“Yeah, that’s right,” exclaimed the fifth man. “I only saved a dollar,
too. It’s unfair that he got ten times more than I did!”
“That’s true!” shouted the seventh man. “Why should he get $10 back
when I got only two? The wealthy get all the breaks!”
“Wait a minute,” yelled the first four men in unison, “we didn’t get
anything at all. The system exploits the poor!”
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn’t show up for drinks, so the nine sat
down and had beers without him. But when it came time to pay the bill,
they discovered something important. They didn’t have enough money
between all of them for even half of the bill!
And that, ladies and gentlemen, journalists and college professors, is
how our tax system works. The people who pay the highest taxes get the
most benefit from a 20% tax reduction. Tax them too much, attack them
for being wealthy, and they just may not show up any more. In fact, they
might start drinking overseas.
For those who understand, no explanation is needed.
For those who do not understand, no explanation is possible.

A Diary of a Blonde

January: Had to return a scarf I received as a Christmas present as it was too tight.

February: Lost my job at the pharmacy, something about not price tagging correctly. It’s not my fault though as the bottles wouldn’t fit in the price gun.

March: I’m so proud of myself. I finished a jigsaw puzzle in six months and according to the box it was four to six years.

April: Was stuck on the escalator for the longest time when the power went out.

May: I wanted to go water skiing but had to cancel it as I couldn’t find any lakes with a sufficient slope

June: Lost the swimming competition for the breast stroke event, the other people cheated and used their hands

July: Locked the keys in the car and had to wait outside in rain and wind. What was worse is that the interior of my cute convertible got soaked as the top was down

August: Couldn’t dial 911 as my phone was missing the button with “11” on it.

September: Trying to figure out why some of my M&M have W’s on them

October: Damn it’s difficult to figure out this W issue with the M&M’s.

November: Baked a cake where I had to separate 12 eggs so I had to borrow 12 mixing bowls.

December: Went to a dance for 18 and over. It took a lot of time to gather the other 17.

The difficulties understanding a woman…..

A man on his Harley was riding along a California beach when suddenly the sky clouded above his head and in a booming voice, God said, “Because you have tried to be faithful to me in all ways, I will grant you one wish.”

The biker pulled over and said, ‘Build a bridge to Hawaii, so I can ride over anytime I want.’

God replied, ‘Your request is materialistic; think of the enormous challenges for that kind of undertaking; the supports required reaching the bottom of the Pacific and the concrete and steel it would take! I can do it, but it is hard for me to justify your desire for worldly things. Take a little more time and think of something that could possibly help mankind.’

The biker thought about it for a long time. Finally, he said, God, I wish that I, and all men, could understand women; I want to know how she feels inside, what she’s thinking when she gives me the silent treatment, why she cries, what she means when she says nothing’s wrong, why she snaps and complains when I try to help, and how I can make a woman truly happy.

God replied: ‘You want two lanes or or four lanes on that bridge?’

Author unknown