Barstool Economics: The Tax System

July 22, 2009 by Orlando  
Filed under For Your Entertainment

Consider ten men going out for beer and the bill for all ten comes to $100.  Assume every person drank the same amount.

barstool

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.

 

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