"Bar Stool Economics."

"Bar Stool Economics."

 

 

Suppose that every day, 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 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.

Subscribe to my blog via Email:

 

Enter your email address:

Delivered by FeedBurner

 

Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

Like me on facebookfollow me on twitterConnect with me on linkedin

Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 12 commentsJoe Petrowsky • February 20 2018 02:22PM
"Bar Stool Economics. "
share
"Bar Stool Economics. " Suppose that every day, 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 taxes, it would go something like this: ∙ The first four men (the poorest) would… more
“Buying a Home Sooner Rather than Later”
share
“Buying a Home Sooner Rather than Later” Good morning… more
“Her Cookies were Amazing”
share
“Her Cookies were Amazing” Hi Joe! I’m glad you guys enjoyed the cookies! I can’t say thank you enough to you and your staff for helping us with 3 loans last year! Hopefully more to come this year! And as always, I cannot thank you enough… more
“Sounds like a Pretty Good Business”
share
“Sounds like a Pretty Good Business” There was a university in New England where the students operated a "bank" of term papers and other homework assignments. There were papers to suit all needs. You had your choice of papers for an… more
“25 Years of Working Together”
share
“25 Years of Working Together” Joe, Hello! We hope all is well with you! I do have a question in regards to prequalifying for a mortgage, yes again. I would like to know how much Keri and I qualify for? We have been toying with the notion of… more
“When Clients Move to States I am Not Licensed”
share
“When Clients Move to States I am Not Licensed” Hi Joe - So, just to update you as to what we're thinking. We have been searching for a home in another State (for many reasons). The State of CT has not been kind to us, on a business level,… more
“I wonder what the Officer was thinking? ”
share
“I wonder what the Officer was thinking? ” A wife went to the police station with her next-door neighbor to report that her husband was missing. The policeman asked for a description. She said, "He's 35 years old, 6 feet 4, has dark eyes,… more
“This Property is a No Brainer for this Client”
share
“This Property is a No Brainer for this Client” Good afternoon Joe… Found a property I have interest in located in Meriden. As you know originally I was looking for a single family home that needs renovations. I would not need a 203K rehab… more
“A Qualified Home Buyer by Next Month”
share
“A Qualified Home Buyer by Next Month” Here is the update Joe, as of tomorrow the credit card balance is paid in full, the cox cable one is processing and the medical collections will be processed by Tuesday and the lady said she deleted it… more
“Happy Ending? ”
share
“Happy Ending? ” A couple was invited to a swanky New Year's Eve costume party. Unfortunately, the wife came down with a terrible headache and told her husband to go to the party alone. He protested, but she said she was going to take some… more