Sent this into a newspaper that will be screaming about unfair tax cuts tomorrow. Let’s see if they publish it. UPDATE… They did (it’s near the bottom of the page – https://www.canberratimes.com.au/national/act/roos-are-a-capital-asset-20180509-p4zecz.html)
Five men decided to split the $100 beer tab based what they earn (one in each 20% grouping based on income) and on the Aussie tax system.
That meant the first paid $0, the second paid $2, the third and fourth paid $14 each, and the fourth paid $70.
The bar owner gave them a $20 refund and based it on what they had paid already.
Therefore, the first got no refund, the second got 40 cents, the third and fourth got $2.4 and the fifth got just under $15.
The media ran headline saying how the refund was inappropriately skewed to the rich and how the refund should be split $4 each. Which is the fairest way to split a refund of this beer tab… or a tax reduction?