Lesson in American Politics

[Magiccarpetrides]

(taken from Classicarms)

SLOW DAY IN TEXAS

It's a slow day in a little East Texas town. The sun is beating down, and the streets are deserted.

Times are tough, everybody is in debt, and everybody lives on credit.....

On this particular day a rich tourist from back East is driving through town. He stops at the motel and lays a $100 bill on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night.

As soon as the man walks upstairs, the owner grabs the bill and runs next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill at the supplier of feed and fuel.

The guy at the Farmer's Co-op takes the $100 and runs to pay his debt to the

local prostitute, who has also been facing hard times and has had to offer

her "services" on credit.

The hooker rushes to the hotel and pays off her room bill with the hotel owner.

The hotel proprietor then places the $100 back on the counter so the rich traveler will not suspect anything.

At that moment the traveler comes down the stairs, picks up the $100 bill, states that the rooms are not satisfactory,

pockets the money, and leaves town.

No one produced anything. No one earned anything.

However, the whole town is now out of debt and now looks to the future with a lot more optimism.

And that, ladies and gentlemen, is a lesson in how politicians run the nuthouse.

[Guest jackdm3]

I can see so clearly now!

[Guest Glock23ForMe]

wow... nice.

[ttocswob]

That might work - if the government didn't tax every one of those transactions.

Edited May 21, 2010 by ttocswob
sp

[kb4ns]

That might work - if the government didn't tax every one of those transactions.

[mcurrier]

That might work - if the government didn't tax every one of those transactions.

Exactly. You have $1 million. You give half to your friend who gives half to a friend, who gives half to a friend, who gives half to a friend, and so on, and so on, and so on. None has yet been spent, yet it's going to be taxed to death. Total b.s.

I'm all for a "fair tax", or a national sales tax, while eliminating the irs and any income tax whatsoever. Tax people when they spend it, same % for everyone, not when they earn it. That way, no one, including illegals, can escape it. Revenues go up because you have 100% participation.

Edited May 22, 2010 by mcurrier

[kb4ns]

Exactly. You have $1 million. You give half to your friend who gives half to a friend, who gives half to a friend, who gives half to a friend, and so on, and so on, and so on. None has yet been spent, yet it's going to be taxed to death. Total b.s.

I'm all for a "fair tax", or a national sales tax, while eliminating the irs and any income tax whatsoever. Tax people when they spend it, same % for everyone, not when they earn it. That way, no one, including illegals, can escape it. Revenues go up because you have 100% participation.

I'm game!

[Guest jackdm3]

Exactly. You have $1 million. You give half to your friend who gives half to a friend, who gives half to a friend, who gives half to a friend, and so on, and so on, and so on. None has yet been spent, yet it's going to be taxed to death. Total b.s.QUOTE]

There is a better and legal way to spread out 1 million. You are allowed to give every individual 11 or 12K per calendar year, tax free until 1M is gone and no one pays any tax.

[mcurrier]

There is a better and legal way to spread out 1 million. You are allowed to give every individual 11 or 12K per calendar year, tax free until 1M is gone and no one pays any tax.

That's the slow way.

[Guest last1is4me]

There is a better and legal way to spread out 1 million. You are allowed to give every individual 11 or 12K per calendar year, tax free until 1M is gone and no one pays any tax.

Sounds like an offer to me, when can I have my first check?

[Guest Glock23ForMe]

There is a better and legal way to spread out 1 million. You are allowed to give every individual 11 or 12K per calendar year, tax free until 1M is gone and no one pays any tax.

You can send one my way...