Tuesday, March 8, 2011

The Travels of a Federal Tax Cut

Yes, I'm getting political now!  I'm not going to get too deep into it. I almost named this "The Trickle Down Theory" or "The Sh*t Rolls Downhill" or "Simple Non-Fuzzy Math".  This is in response to the release of the PA State Budget, but the same I think applies to NJ and NY is headed down the same road. 

(click to enlarge)

    So, in summary:  Federal Income Taxes ↓ once leads to:
    • Corporate Executive Income ↑ 5 times
    • Federal  Executive Income ↑ twice
    • State Executive Income ↑ twice
    • Personal Income ↓ 6 times
    UGH.

    2 comments:

    1. LOL. This is funny....and sad...but still funny. :) I can't share my blog tonight. It won't let me, for some reason.

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    2. Math makes my brain hurt. Government math makes my brain commit suicide.

      ReplyDelete