the science and tech blog

February 27, 2009

How the Tax System Works

Filed under: general — Arul John @ 4:43 pm

And this from another email, source is supposed to be an Economics professor in Georgia.

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.

How The American Economy Got Messed Up

Filed under: general — Arul John @ 4:40 pm

I received this in an email forward.

Linda is the proprietor of a bar in Cork. In order to increase sales, she decides to allow her loyal customers … Read more.

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