Comments on: Bar Stool Economics http://www.faithandfacts.com/2008/11/07/bar-stool-economics/ Exploring the intersection of personal faith and public life. Sat, 06 Mar 2010 20:16:57 -0700 http://wordpress.org/ hourly 1 By: The Angry White Guy » Blog Archive » The truth of FDR legacy http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-4293 The Angry White Guy » Blog Archive » The truth of FDR legacy Wed, 29 Jul 2009 12:49:26 +0000 http://www.faithandfacts.com/?p=1419#comment-4293 [...] how the Democrats can exploit the tax cuts for the rick argument, it is no better defined than in Our Tax System Explained: Bar Stool Economics Go read it now, I’ll wait here …. ok you’re back let’s [...] [...] how the Democrats can exploit the tax cuts for the rick argument, it is no better defined than in Our Tax System Explained: Bar Stool Economics Go read it now, I’ll wait here …. ok you’re back let’s [...]

]]> By: Erik Hanson http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2086 Erik Hanson Wed, 03 Jun 2009 20:19:01 +0000 http://www.faithandfacts.com/?p=1419#comment-2086 Wow, a lot of people here seem to be under the impression that those *evil rich people* just created their riches out of thin air by enslaving the poor. Who would have guessed that by lowering the bar bill that the tenth guy pays, he actually ends up hiring two of the others to help him carry the beers for the group. You can probably think up some other witty beer-related analogy related to the rich owning businesses, including many of the small businesses that make up the bulk of American jobs, and how we're really punishing some of the hardest-working members of our society, and thus ourselves, with this asinine tax system. And finally for those complaining about the poor lower classes, it's not like welfare just emerged in January 2009, again, out of thin air. Anyone, no matter their income level, should be able to leave a legacy to their children. Instead of using their negative tax payments to get out of debt, saving up for their kids' college and their own retirement, and leaving an inheritance so their kids have it better off than they did, it seems like the poor are content to stay where they are at financially, wait for a handout from the tenth guy on one side, and spend 100% of their earnings on "essentials" like payday loans, iPhones, HBO, and beer, using the other hand. Wow, a lot of people here seem to be under the impression that those *evil rich people* just created their riches out of thin air by enslaving the poor.

Who would have guessed that by lowering the bar bill that the tenth guy pays, he actually ends up hiring two of the others to help him carry the beers for the group. You can probably think up some other witty beer-related analogy related to the rich owning businesses, including many of the small businesses that make up the bulk of American jobs, and how we’re really punishing some of the hardest-working members of our society, and thus ourselves, with this asinine tax system.

And finally for those complaining about the poor lower classes, it’s not like welfare just emerged in January 2009, again, out of thin air. Anyone, no matter their income level, should be able to leave a legacy to their children. Instead of using their negative tax payments to get out of debt, saving up for their kids’ college and their own retirement, and leaving an inheritance so their kids have it better off than they did, it seems like the poor are content to stay where they are at financially, wait for a handout from the tenth guy on one side, and spend 100% of their earnings on “essentials” like payday loans, iPhones, HBO, and beer, using the other hand.

]]> By: Dr.Bruce http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2076 Dr.Bruce Tue, 02 Jun 2009 20:21:53 +0000 http://www.faithandfacts.com/?p=1419#comment-2076 touche touche

]]> By: Dr.Bruce http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2075 Dr.Bruce Tue, 02 Jun 2009 20:21:12 +0000 http://www.faithandfacts.com/?p=1419#comment-2075 Wow Bret, you seem to genuinely want Socialism. Wow Bret, you seem to genuinely want Socialism.

]]> By: Dr.Bruce http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2074 Dr.Bruce Tue, 02 Jun 2009 20:19:16 +0000 http://www.faithandfacts.com/?p=1419#comment-2074 Instead of 'bait-and-switch' perhaps we should call it 'tax-spend-and-switch.' Instead of ‘bait-and-switch’ perhaps we should call it ‘tax-spend-and-switch.’

]]> By: Dr.Bruce http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2073 Dr.Bruce Tue, 02 Jun 2009 20:18:15 +0000 http://www.faithandfacts.com/?p=1419#comment-2073 You would make a different choice? I doubt it. A primary point of the story is to illuminate the silliness of 'tax rebates' for people that pay no taxes. You would make a different choice? I doubt it.

A primary point of the story is to illuminate the silliness of ‘tax rebates’ for people that pay no taxes.

]]> By: Dr.Bruce http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2072 Dr.Bruce Tue, 02 Jun 2009 20:16:52 +0000 http://www.faithandfacts.com/?p=1419#comment-2072 So sad but so true. So sad but so true.

]]> By: Developerholic http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2002 Developerholic Wed, 06 May 2009 04:50:34 +0000 http://www.faithandfacts.com/?p=1419#comment-2002 Whoa! Great analogy, I haven't thought of that. Honestly, I did not know how our tax system works. i just pay them whatever amount they asked me too. Anyway,Im still single but when Im married or have children, things might have changed for me. Cheers, Meg Whoa! Great analogy, I haven’t thought of that. Honestly, I did not know how our tax system works. i just pay them whatever amount they asked me too.

Anyway,Im still single but when Im married or have children, things might have changed for me.

Cheers,
Meg

]]> By: danalamano http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-2000 danalamano Tue, 05 May 2009 18:23:44 +0000 http://www.faithandfacts.com/?p=1419#comment-2000 The guy that has been paying the lions share for the entire time got a bigger break in numbers, but the smallest percentage over all. People need to open their eyes to it! I, for one, think that everybody should pay his or her fair share! This is a perfect argument for a fair tax type system. The guy that has been paying the lions share for the entire time got a bigger break in numbers, but the smallest percentage over all. People need to open their eyes to it!

I, for one, think that everybody should pay his or her fair share! This is a perfect argument for a fair tax type system.

]]> By: The truth of FDR legacy - The Angry White Guy http://www.faithandfacts.com/2008/11/07/bar-stool-economics/comment-page-1/#comment-1933 The truth of FDR legacy - The Angry White Guy Mon, 27 Apr 2009 01:35:02 +0000 http://www.faithandfacts.com/?p=1419#comment-1933 [...] how the Democrats can exploit the tax cuts for the rick argument, it is no better defined than in Our Tax System Explained: Bar Stool Economics Go read it now, I’ll wait here …. ok you’re back let’s [...] [...] how the Democrats can exploit the tax cuts for the rick argument, it is no better defined than in Our Tax System Explained: Bar Stool Economics Go read it now, I’ll wait here …. ok you’re back let’s [...]

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