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locks

(2,012 posts)
40. This is for real, believe it or not
Sat Jan 5, 2013, 09:55 PM
Jan 2013

Today on FOX Saturday Business show, the panel spent some time crying for France as they are sure France will soon be bankrupt if it raises the highest tax rate on all their millionaires and billionaires; they all will undoubtedly take citizenship in another country as Depardieu is doing. Then one of their "financial experts" (Nobel in economics I'm sure) said "It is not fair that so many people in the US pay no taxes; it means that they will never vote to decrease taxes because they depend on the government to take care of them. If they had to pay taxes they would have a stake in how the government is run." The next genius said, "That's why I'm for the flat tax; because it's so fair. Everyone pays the same percent of their income."

Took me a few minutes, since I don't have a PhD in econ, to figure: if my income is $20,000 (more than the minimum wage) and the often suggested flat tax rate is 10% I would pay $2,000 in tax, leaving me $18,000 to live on (without, of course, the free higher education and health care the French enjoy).
If your income is $200,000 you would pay $20,000, leaving you $180,000 to live on.
If your income is $2,000,000 you would pay $200,000 and you would have to make do with $1,800,000.
I couldn't go higher as my calculator is old and I was weeping for Depardieu.




Recommendations

0 members have recommended this reply (displayed in chronological order):

The outrage Sherman A1 Jan 2013 #1
Funny how it never gets talked about in any meaningful way. suede1 Jan 2013 #41
Wondered when they would start to pick on the homeless. punkin87 Jan 2013 #2
I will not be fooled again! This is not The Onion, this is the work of a stone-cold DU genius! 11 Bravo Jan 2013 #3
You have made my day! 20score Jan 2013 #9
Very funny satire. Did you write it yourself? hedda_foil Jan 2013 #4
Mine. And thank you! 20score Jan 2013 #15
This is a joke, no? NewJeffCT Jan 2013 #5
this is sarcasm, right? Skittles Jan 2013 #6
Fox & Friends... Lady Freedom Returns Jan 2013 #11
What's next? Quantess Jan 2013 #7
It's customary to include a link, unless you are the author of the text in OP. ~nt 99th_Monkey Jan 2013 #8
HIGH ON THE HOG!!!!! Lady Freedom Returns Jan 2013 #10
Fox & Fascists...that would be the correct name for them. roamer65 Jan 2013 #12
Wouldn't that be redundant? NashvilleLefty Jan 2013 #16
the Stupid Burns with that group of murdoch pimps. Cha Jan 2013 #13
here's the video jpak Jan 2013 #14
What, no link? 20score Jan 2013 #49
What part of homeless do they not get over there? GObamaGO Jan 2013 #17
Give it a few months, this won't be satire anymore. n/t suede1 Jan 2013 #18
Always afraid to give them ideas. 20score Jan 2013 #24
It's hard to know what is satire and what is reality anymore when it comes to faux. jillan Jan 2013 #19
I know! I was wondering if this was from the Onion. nt deafskeptic Jan 2013 #20
Thanks! 20score Jan 2013 #42
outrageous riverbendviewgal Jan 2013 #21
nice hbskifreak Jan 2013 #22
Ski Freak! 20score Jan 2013 #37
It's worse!! They pay no property taxes!!! longship Jan 2013 #23
I'll betcha they don't have auto insurance either. trof Jan 2013 #25
You sure had me fooled. It actually sounds like something one might hear from them. Fantastic!! LoisB Jan 2013 #26
Thanks much! 20score Jan 2013 #33
Either there's a missing link, or this is from The Onion. tblue Jan 2013 #27
What about babies?? thelordofhell Jan 2013 #28
If they're so good at their job of being "job creators"... krispos42 Jan 2013 #29
LOL! We should all post this on Facebook as "fact" the way the righties do about bluethruandthru Jan 2013 #30
... 20score Jan 2013 #34
I wonder where they found these idiots from? hrmjustin Jan 2013 #31
Nice Pretzel_Warrior Jan 2013 #32
Oh, I know plenty of people who would believe this. mountain grammy Jan 2013 #35
Thing is, they would do it if they could figure out a way how. punkin87 Jan 2013 #50
I think we need to coin Fox & Friends as the first Unthink Tank. NutmegYankee Jan 2013 #36
So...... Turbineguy Jan 2013 #38
Tax people with zero income - sounds like something a cold hearted conservative would do. Initech Jan 2013 #39
This is for real, believe it or not locks Jan 2013 #40
Wish they understood how unfair that would be. 20score Jan 2013 #43
"soon to be released autobiography, Don’t Think!" punkin87 Jan 2013 #44
kick suede1 Jan 2013 #45
Is this from The Onion or some other satire site? JHB Jan 2013 #46
It's mine. 20score Jan 2013 #48
'living high on the hog' ?...yes, you faux dumbfucks, we all aspire to the wealth of homelessness spanone Jan 2013 #47
Harrumph--and those layabouts aren't contributing to their communities by paying property taxes, MADem Jan 2013 #51
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