Friday, March 03, 2006

Mustache March

I'm currently participating in a fundraising event called "Mustache March". Several of us at my company, Nucleus Medical Art, are raising money for CURE Childhood Cancer through the month of March by growing mustaches. Yes, you read that right: I'll be growing a mustache this month. At the end of the month, we'll be taking photographs and we'll be judged for "Best In Show", "Most Disturbing", "Most Fitting", and "Dirt Lip" awards. I've never once tried to actually grow a mustache, so I'm pretty concerned about how this is going to turn out.

During the month, we're collecting pledges from our friends and family to go directly to CURE Childhood Cancer. If you'd like to see me with a mustache (I'm not sure I want to see me with a mustache), and you would like to help us raise money for this very worthy charity, would you consider making a pledge? Pledge amounts can vary from as little as $5 to as much as you'd like to give. Checks are made directly to "CURE Childhood Cancer". All I get out of it is the possible humiliation of winning the "Dirt Lip" award at the end of the month. You can get the check to me at any time during the month of March.

My daughter, Katie, complains bitterly when I miss just one day of shaving, much less 30. As many of you know, she can be very persuasive when she wants to be, so I'll need as much support as I can get. If you think you would like to help out, please email me and let me know what amount you would like to pledge. I plan to post a few pictures of the progress during the month, so check back often.

Thursday, March 02, 2006

Great Tax Analogy Story

I am not the author of the following, but it's so appropriate and true on its face that I can't resist reproducing it here. It claims to be the work of a Dr. David Kamerschen, Ph.D. Here's to you, Dr. K...

Just in case you are not completely clear on this issue, I hope the following will help. Please read it carefully.

Let's put tax cuts in terms everyone can understand.

Suppose that every day, ten men go out for dinner and the bill for all ten comes to $100.

If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that's what they decided to do.

The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve.

"Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20." Dinner for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected.

They would still eat for free. But what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?'

They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to eat their meal.

So, the restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33% savings).
The seventh now paid $5 instead of $7 (28% savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to eat for free. But once outside the restaurant, the men began to compare their savings.

"I only got a dollar out of the $20," declared the sixth man. He pointed to the tenth man," but he got $10!"

"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got ten times more than me!"

"That's true!!" shouted the seventh man. "Why should he get $10 back when I got only two? The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor!"

The nine men surrounded the tenth and beat him up. The next night the tenth man didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start eating overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph.D

That, ladies and gentlemen, is exactly what everyone needs to keep in mind when the liberals start to scream about "tax cuts for the rich".