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Truth about taxes. (Scan).(tax policy allegory)

The American Enterprise

| April 01, 2003 | COPYRIGHT 2003 The American Enterprise, a national magazine of politics, business and culture (TEAmag.com). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

We took a little allegory e-mailed to us and updated it with current IRS data:

Let's put tax cuts in terms everyone can understand. Suppose that every day, ten men go out for dinner. Each bill for all ten comes to $100. If they paid their bills the way we pay our taxes (the figures below reflect actual IRS payments by U.S. taxpayers), it would go approximately like this:

* The first four men--the poorest--would pay nothing

* The fifth would pay $1

* The sixth would pay $3

* The seventh $6

* The eighth $9

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Source: HighBeam Research, Truth about taxes. (Scan).(tax policy allegory)

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