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	<title>A Novice Investor &#187; Business</title>
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	<link>http://www.coulton.biz</link>
	<description>... The Chronicle&#039;s of Said Investor</description>
	<lastBuildDate>Mon, 02 Aug 2010 20:47:51 +0000</lastBuildDate>
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		<title>Tax System Explained in Beer</title>
		<link>http://www.coulton.biz/2010/01/tax-system-explained-in-beer/</link>
		<comments>http://www.coulton.biz/2010/01/tax-system-explained-in-beer/#comments</comments>
		<pubDate>Mon, 25 Jan 2010 21:36:19 +0000</pubDate>
		<dc:creator>coultog</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.coulton.biz/?p=154</guid>
		<description><![CDATA[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. [...]]]></description>
			<content:encoded><![CDATA[<p>Suppose that every day, ten men go out for beer and the bill for all ten<br />
comes to $100.</p>
<p>If they paid their bill the way we pay our taxes, it would go something like<br />
this.</p>
<p>The first four men (the poorest) would pay nothing.<br />
The fifth would pay $1.<br />
The sixth would pay $3.<br />
The seventh would pay $7.<br />
The eighth would pay $12.<br />
The ninth would pay $18.<br />
The tenth man (the richest) would pay $59.</p>
<p>So, that&#8217;s what they decided to do.</p>
<p>The ten men drank in the bar every day and seemed quite happy with the<br />
arrangement, until one day, the owner threw them a curve.</p>
<p>&#8220;Since you are all such good customers,&#8221; he said, &#8220;I&#8217;m going to reduce the<br />
cost of your daily beer by $20.&#8221; Drinks for the ten now cost just $80.</p>
<p>The group still wanted to pay their bill the way we pay our taxes.</p>
<p>So the first four men were unaffected.</p>
<p>They would still drink for free. But what about the other six men? The<br />
paying customers?</p>
<p>How could they divide the $20 windfall so that everyone would get his fair<br />
share?&#8217;</p>
<p>They realized that $20 divided by six is $3.33. But if they subtracted that<br />
from everybody&#8217;s share, then the fifth man and the sixth man would each end<br />
up being paid to drink his beer.</p>
<p>So, the bar owner suggested that it would be fair to reduce each man&#8217;s bill<br />
by roughly the same amount, and he proceeded to work out the amounts each<br />
should pay.</p>
<p>And so the fifth man, like the first four, now paid nothing (100% savings)<br />
The sixth now paid $2 instead of $3 (33% savings).<br />
The seventh now pay $5 instead of $7 (28% savings).<br />
The eighth now paid $9 instead of $12 (25% savings).<br />
The ninth now paid $14 instead of $18 ( 22% savings).<br />
The tenth now paid $49 instead of $59 (16% savings).</p>
<p>Each of the six was better off than before. And the first four continued to<br />
drink for free. But once outside the restaurant, the men began to compare<br />
their savings..</p>
<p>&#8220;I only got a dollar out of the $20,&#8221;declared the sixth man.</p>
<p>He pointed to the tenth man,&#8221; but he got $10!&#8221;</p>
<p>&#8220;Yeah, that&#8217;s right,&#8221; exclaimed the fifth man. &#8220;I only saved a Dollar, too.<br />
It&#8217;s unfair that he got ten times more than I!&#8221;</p>
<p>&#8220;That&#8217;s true!!&#8221; shouted the seventh man. &#8220;Why should he get $10 back when I<br />
got only two? The wealthy get all the breaks!&#8221;</p>
<p>&#8220;Wait a minute,&#8221; yelled the first four men in unison.. &#8220;We didn&#8217;t get<br />
anything at all. The system exploits the poor!&#8221;</p>
<p>The nine men surrounded the tenth and beat him up.</p>
<p>The next night the tenth man didn&#8217;t show up for drinks, so the nine sat down<br />
and had beers without him. But when it came time to pay the bill, they<br />
discovered something important. They didn&#8217;t have enough money between all of<br />
them for even half of the bill!</p>
<p>And that, boys and girls, journalists and college professors, this is how<br />
our tax system works.</p>
<p>The people who pay the highest taxes get the most benefit from a tax<br />
reduction.</p>
<p>Tax them too much, attack them for being wealthy, and they just may not show<br />
up anymore.</p>
<p>In fact, they might start drinking overseas where the atmosphere is somewhat<br />
friendlier.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>UK Mobile Numbers Being Published Online &#8211; Remove NOW!</title>
		<link>http://www.coulton.biz/2009/07/uk-mobile-numbers-being-published-online-remove-now/</link>
		<comments>http://www.coulton.biz/2009/07/uk-mobile-numbers-being-published-online-remove-now/#comments</comments>
		<pubDate>Thu, 09 Jul 2009 12:46:51 +0000</pubDate>
		<dc:creator>coultog</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://www.coulton.biz/2009/07/uk-mobile-numbers-being-published-online-remove-now/</guid>
		<description><![CDATA[Maybe you have heard about this but early next week all UK mobiles will be on a directory which will mean that anyone will be able to access the numbers. It is easy to unsubscribe but it must be done before the beginning of next week to make sure that you are ex directory. I [...]]]></description>
			<content:encoded><![CDATA[<p>Maybe you have heard about this but early next week all UK mobiles will be on a directory which will mean that anyone will be able to access the numbers. It is easy to unsubscribe but it must be done before the beginning of next week to make sure that you are ex directory. I have unsubscribed and you may want to suggest it to all your friends and family who have UK mobiles or they could be swamped by unsolicited messages and calls. Removal is recommended by the BBC &#8211; see link below. </p>
<p>http://news.bbc.co.uk/1/hi/programmes/working_lunch/8091621.stm </p>
<p>Just done this myself. Double checked it wasn&#8217;t a scam and it is actually on the BBC website recommending to do this. </p>
<p>The Directory of Mobile Phone numbers goes live next week. All numbers including those belonging to children will be open to cold calling and the general abuse that less scrupulous telesales people subject us too. </p>
<li></li>
<p>To remove your number go here. (you need your mobile phone with you to do this, they text you a code) </p>
<p>http://www.118800.co.uk/removeme/remove-me.html </p>
<p>When on the site, click &#8220;Home&#8221; then &#8220;Ex-directory&#8221; this will remove you from the directory. </p>
<p>You can remove your number from this list, and tell all your friends &#8211; especially those with children who have mobile phones. I personally believe my mobile number is private and I should be able to chose who I give it to &#8211; none of us agreed to this when we signed our mobile phone contracts. </p>
<p>You may wish to pass this on to family and friends. </p>
]]></content:encoded>
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		</item>
		<item>
		<title>A new starter today</title>
		<link>http://www.coulton.biz/2009/06/a-new-starter-today/</link>
		<comments>http://www.coulton.biz/2009/06/a-new-starter-today/#comments</comments>
		<pubDate>Mon, 29 Jun 2009 06:01:30 +0000</pubDate>
		<dc:creator>coultog</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.coulton.biz/2009/06/a-new-starter-today/</guid>
		<description><![CDATA[I&#8217;m pleased to say we&#8217;ve got a new person starting today. He&#8217;s going to handle customer service and our warehouse. It&#8217;s then going to free me up to look at other avenues to sell products, yay! Welcome Michael!]]></description>
			<content:encoded><![CDATA[<p>I&#8217;m pleased to say we&#8217;ve got a new person starting today. He&#8217;s going to handle customer service and our warehouse. It&#8217;s then going to free me up to look at other avenues to sell products, yay!</p>
<p>Welcome Michael!</p>
]]></content:encoded>
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		<item>
		<title>Mr Shoes in Administration</title>
		<link>http://www.coulton.biz/2009/06/mr-shoes-in-administration/</link>
		<comments>http://www.coulton.biz/2009/06/mr-shoes-in-administration/#comments</comments>
		<pubDate>Sun, 28 Jun 2009 08:21:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://www.coulton.biz/?p=17</guid>
		<description><![CDATA[As news of men&#8217;s footwear chain Mr Shoes emerged, questions were emerging over the health of the footwear industry. With 23 shops, it&#8217;s quite a blow! Thankfully it looks like 14 stores may remain open according to the Administrators. All this after the footwear industry alledgedly grew 11% over the last quarter.]]></description>
			<content:encoded><![CDATA[<p>As news of men&#8217;s footwear chain <a href="http://www.mr-shoes.co.uk/news/administration1.aspx?a=1" target="_blank">Mr Shoes</a> emerged, questions were emerging over the health of the footwear industry.</p>
<p>With 23 shops, it&#8217;s quite a blow! Thankfully it looks like 14 stores may remain open according to the Administrators.</p>
<p>All this after the footwear industry alledgedly grew 11% over the last quarter.</p>
]]></content:encoded>
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