How the tax work..

A good math lesson:
by: David R. Kamerschen, Ph. D

Sometimes politicians, journalists and the liberal
left exclaim; "It's just a tax cut for the rich!" and
it is just accepted to be fact.

But what does that really mean?

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
Professor of Economics

40 RULES OF PROJECT MANAGEMENT

1. Nothing is impossible for the person who doesn’t have to do it.
2. You can con a sucker into committing to an impossible deadline, but you cannot con him into meeting it .
3. At the heart of every large project is a small project trying to get out.
4. A user will tell you anything you ask about, but nothing more.
5. Of several possible interpretations of a communication, the least convenient is the correct one.
6. What you don’t know hurts you.
7. There’s never enough time to do it right first time but there’s always enough time to go back and do it again.
8. The bitterness of poor quality lasts long after the sweetness of making a date is forgotten.
9. I know that you believe that you understand what you think I said, but I am not sure you realise that what you heard is not what I meant.
10. What is not on paper has not been said.
11. A little risk management saves a lot of fan cleaning.
12. If you can keep your head while all about you are losing theirs, you haven’t understood the plan.
13. If at first you don’t succeed, remove all evidence you ever tried.
14. There are no good project managers – only lucky ones.
15. The more you plan the luckier you get.
16. If everything is going exactly to plan, something somewhere is going massively wrong.
17. A project is one small step for the project sponsor, one giant leap for the project manager.
18. Good project management is not so much knowing what to do and when, as knowing what excuses to give and when.
19. Everyone asks for a strong project manager – when they get them they don’t want them.
20. Overtime is a figment of the naïve project manager’s imagination.
21. Quantitative project management is for predicting cost and schedule overruns well in advance. Metrics are learned men’s excuses.
22. For a project manager overruns are as certain as death and taxes.
23. Some projects finish on time in spite of project management best practices.
24. Fast – cheap – good – you can have any two.
25. There is such a thing as an unrealistic timescale.
26. The project would not have been started if the truth had been told about the cost and timescale.
27. A two year project will take three years, a three year project will never finish.
28. When the weight of the project paperwork equals the weight of the project itself, the project can be considered complete.
29. A badly planned project will take three times longer than expected – a well planned project only twice as long as expected.
30. Warning: dates in a calendar are closer than they appear to be.
31. Anything that can be changed will be changed until there is no time left to change anything.
32. There is no such thing as scope creep, only scope gallop.
33. A project gets a year late one day at a time.
34. If you’re 6 months late on a milestone due next week but really believe you can make it, you’re a project manager.
35. No project has ever finished on time, within budget, to requirement – yours won’t be the first to.
36. Managing IT people is like herding cats.
37. If you don’t know how to do a task, start it, then ten people who know less than you will tell you how to do it.
38. The person who says it will take the longest and cost the most is the only one with a clue how to do the job.
39. The sooner you get behind schedule, the more time you have to make it up.
40. The nice thing about not planning is that failure comes as a complete surprise rather than being preceded by a period of worry and depression
    
    
    taken from http://www.virtualprojectconsulting.com/40rules-of-pm/

Fact or fiction

1. The citrus soda 7-UP was created in 1929; "7" was selected because the original containers were 7 ounces. "UP" indicated the direction of the bubbles. 
2. Mosquito repellents don't repel. They hide you. The spray blocks the mosquito's sensors so they don't know you're there.
3. Dentists have recommended that a toothbrush be kept at least 6 feet away from a toilet to avoid airborne particles resulting from the flush.
4. The liquid inside young coconuts can be used as substitute for blood plasma.
5. American car horns beep in the tone of F.
6. No piece of paper can be folded more than 7 times.
7. Donkeys kill more people annually than plane crashes.
8. 1 in every 4 Americans has appeared on television.
9. You burn more calories sleeping than you do watching television.
10. Oak trees do not produce acorns until they are fifty years of age or older.
11. The first product to have a bar code was Wrigley's gum.
12. The king of hearts is the only king without a mustache.
13. A Boeing 747s wingspan is longer than the Wright brother's first flight.
14. American Airlines saved $40,000 in 1987 by eliminating 1 olive from each salad served in first-class.
15. Venus is the only planet that rotates clockwise.
16. The first CD pressed in the US was Bruce Springsteen's "Born in the USA."
17. Apples, not caffeine, are more efficient at waking you up in the morning.
18. The 57 on the Heinz ketchup bottle represents the number of varieties of pickles the company
19. once had.
20. The plastic things on the end of shoelaces are called aglets.
21. Most dust particles in your house are made from dead skin.
22. The first owner of the Marlboro company died of lung cancer.
23. Barbie's full name is Barbara Millicent Roberts.
24. Betsy Ross is the only real person to ever have been the head on a Pez dispenser.
25. Michael Jordan makes more money from Nike annually than all of the Nike factory workers in Malaysia combined.
26. Adolph Hitler's mother seriously considered having an abortion but was talked out of it by her doctor.
27. Marilyn Monroe had six toes.
28. All US Presidents have worn glasses. Some just didn't like being seen wearing them in public.
29. Walt Disney was afraid of mice.
30. The sound of E.T walking was made by someone squishing her hands in jelly.
31. Debra Winger was the voice of E.T.
32. Pearls melt in vinegar.
33. It takes 3,000 cows to supply the NFL with enough leather for a year's supply of footballs.
34. Thirty-five percent of the people who use personal ads for dating are already married.
35. The three most valuable brand names on earth: Marlboro, Coca Cola, and Budweiser, in that order.
36. It is possible to lead a cow upstairs, but not downstairs.
37. Average life span of a major league baseball: seven pitches.
38. A duck's quack doesn't echo and no one knows why.
39. The reason firehouses have circular stairways is from the days when the engines were pulled by horses. The horses were stabled on the ground floor and figured out how to walk up straight staircases.
40. Richard Milhouse Nixon was the first US president whose name contains all the letters from the word "criminal." The second? William Jefferson Clinton

Prison Break quote

1. Be the change you want to see in the world.


2. Experience is what you get when you don't get what you want to get


3. I know how to do it, I just don't have the time to do it.


4. Preparation will only take you so far. After that you got to take a few leaps of faith.


5. Stop chasing me, cause whenever you get close I'll win everytime


6. Rules are rules. And if we don't have them, we're savages


7. I always said that cops are more crooked than criminals.


8. This picture makes me look like some kinda sociopath


9. If I'm going down for this little homicide, I ain't going alone. We're going together like traffic and weather!


10. Tell you what, I'll go unlock the kids and make us all breakfast.


11. Why do you want to be out of here so bad anyhow? The world's all different now..scary. They've got computer phones, boobies made out of silicon, you wouldn't know what to do.


12. As my pappy used to say "Stand by, your glasses steady and drink to your comrade's eyes. Here's a toast to the dead already and hurrah for the next to die."

Taken from http://apps.facebook.com/prisonbreak/?page=quotes&qchar=332

Personality test

1. If given a choice, would u have the talent of invisibility or ability to fly?

2. If u have a house, would you consider a wall surrounding your house or not?

3. If u need to cross a river, how would you cross the river?

4. You are walking when u saw a tree with your favourite fruit. However there a wall between you and the tasty fruit. How difficult it is for u to reach the sweet juicy fruit?

House Quote

1. People choose the paths that grant them the greatest rewards for the least amount of effort

2. Perseverance does not equal worthiness

3. You can have all the faith you want in spirits, and the afterlife, and heaven and hell, but when it comes to this world, don't be an idiot. Cause you can tell me you put your faith in God to put you through the day, but when it comes time to cross the road, I know you look both ways

4. Ah, my birthday. Normally I'd put on a festive hat and celebrate the fact that the Earth has circled the Sun one more time; I really didn't think it was going to make it this year, but darn it if it wasn't the little planet that could all over again.

5. Like I always say, there's no "I" in "team". There is a "me", though, if you jumble it up.

6. take risks; sometimes patients die. But not taking risks causes more patients to die, so I guess my biggest problem is I've been cursed with the ability to do the math

7. Are you ... comparing me to God? I mean, that's great, but just so you know, I've never made a tree.

8. Nonconformity, right. I can't remember the last time I saw a 20-something kid with a tattoo of an Asian letter on his wrist. You are one wicked free thinker. You want to be a rebel? Stop being cool. Wear a pocket protector like he does and get a haircut. Like the Asian kids who don't leave the library for 20 hours stretches, they're the ones who don't care what you think. Sayonara.

9. The eyes can mislead, the smile can lie, but the shoes always tell the truth.

10, Humiliation comes in all kinds of packages. People finding out that your son's a perv, that's pretty high up there. People finding out that you'd rather let your son die than sign a piece of paper, where's that rank?

11. On average, drug addicts are stupid.

It's a basic truth of the human condition that everybody lies. The only variable is about what. The weird thing about telling someone they're dying is it tends to focus their priorities. You find out what matters to them. What they're willing to die for. What they're willing to lie for.

12. If you can fake sincerity, you can fake pretty much anything.

13. You know how they say, "you can't live without love"? Well, oxygen is even more important.

14. Sebastian: "Every minute 4 people die of TB."

House: "Wow, how can you sleep at night?"

Sebastian: "There's people dying in Africa of a disease that we cured over 50 years ago ..."

House: "Yeah, I know. I saw the concert. Seriously, let's say you sleep six hours, that means every night you kill 1440 people. I guess you gotta get some sleep, but come on, if you'd stayed up another 10 minutes you could have saved 40 lives. Do you send notes to the families in the morning? That's gonna take at least ten minutes, so that's another 40 dead, another 40 notes... why don't you go wrack yourself with guilt in your own room?"

15. Do you notice how all the self-sacrificing women in history; Joan of Arc, Mother Theresa, can't think of any others; they all die alone. The men, on the other hand, get so much fuzz, it's crazy

16. Wilson: "If you have the money, then why did you need the loan?"

House: "I didn't. Just wanted to see if you would give it to me. I've been borrowing increasing amounts ever since you lent me forty dollars a year ago. A little experiment to see where you draw the line."

Wilson: "You're ... you're trying to...objectively measure how much I value our friendship?!"

House: "Hey, it's five grand. You've got nothing to be ashamed of."

17. House: "Gimme a reason to get out of this, and I'll tell you who started the rumor about you being a transsexual."

Cuddy: "There is no such rumor."

House: "There will be unless you get me out of this dinner."

Taken from

http://www.housemdquotes.com/