TAX CUTS
If you don't understand the Democrats' version of the proposed
2003 tax cuts (and you are not alone), this will explain it for you (it
will also give insight to their position on the newly proposed tax
cuts):
50,000 people go to a baseball game, but the game was rained out
and a refund was then due the attendees. The team was about to
mail refunds when the Congressional Democrats stopped them and
suggested sending refund amounts based on the Democrat
National Committee's interpretation of fairness. After all, if the
refunds were made based on the price each person paid for the
tickets, most of the money would go to the wealthiest ticket holders
and that would be unconscionable. The DNC plan lays down the
following criteria:
A. People in the $10 seats will get back $15 because they have
less money to spend. Call it an "Earned" Income Ticket Credit.
Persons "earn" it by demonstrating little ambition, few skills and
poor work habits, thus keeping them at entry-level wages.
B. People in the $25 seats will get back $25 because that's only
fair.
C. People in the $50 seats will get back $1 because they already
make a lot of money and don't need a refund. If they can afford a
$50 ticket then they must not be paying enough taxes.
D. People in the $75 luxury seats will have to pay another $50
because they have way too much money to spend.
E. People driving by the stadium who couldn't afford to watch the
game will get $10 each. Even though they didn't pay anything or
attempt to go to the game, they get a refund because they need the
most help.
Now do you understand? If not, contact Representative Richard
Gephardt or Senator Tom Daschle for assistance with further
explanations. --
The Democrat Tax Cut Plan Explained
