Let's put tax cuts in terms everyone can understand. Suppose that every day, ten people go out for dinner. 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 people -- the poorest -- would pay nothing; the fifth would pay $1, the sixth would pay $3, the seventh $7, the eighth $12, the ninth $18,and the tenth  person  -- the richest -- would pay $59.
 
That's what they decided to do. The ten people ate dinner in the restaurant every day and seemed quite happy with the arrangement -- until one day, the owner threw them a curve (in tax language :  a tax cut).
 
"Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20." So now dinner for the ten only cost $80.00.
 
The group still wanted to pay their bill the way we pay our taxes.
 
So the first four people were unaffected. They would still eat for free. But what about the other six -- the paying customers? How could they divvy up the $20 windfall so that everyone would get a "fair share?"
 
The six people realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, Then the fifth and the sixth person would end up being PAID to eat their meal.   So the restaurant owner suggested that it would be fair to reduce each person's bill by roughly the same amount,and he proceeded to work out the amounts each should pay.
 
And so the fifth person paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of his earlier $59. Each of the six was better off than before. And the first four continued to eat for free.
 
But once outside the restaurant, the people began to compare their savings. "I only got a dollar out of the $20," declared the sixth person, but pointing to the tenth said,  " but that person got $7!".  "Yeah, that's right," exclaimed the fifth person, "I only saved a dollar, too, ........ it's unfair that he got seven times more than me!". That's true!" shouted the seventh person, why should he get $7 back when I got only $2?" The wealthy get all the breaks!". Wait a minute," yelled the first four people in unison, "We didn't get anything at all. The system exploits the poor!" The nine people surrounded the tenth and beat him up.
 
The next night he 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, a little late what was very important. They were FIFTY-TWO DOLLARS short of paying the bill! Imagine that!
 
And that, boys and girls, journalists and college instructors, is how the 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 at the table anymore.
 
Where would that leave the rest?
 
Unfortunately, most taxing authorities anywhere cannot seem to grasp this rather straight-forward logic!