I don’t know whether you understand the tax system, particularly the intricacies and implications that result when tax rates change, but I saw this explanation and couldn’t help but smile in enlightenment when I read it.
I’ve no idea who wrote it and I’m sure that it’s a bit of an over simplification but it does make you think. I hope it makes you smile in enlightenment, too!
The Tax System Explained in Beer
Suppose that once a week ten men go out for beer and the bill for all ten comes to £100.
If they paid their bill the way we pay our …
Posts Tagged ‘Tenth Man’
Beer and Taxes – Taxation Made Simple
Submitted by Steve Bimpson on October 5th, 2011