It’s interesting timing that Tax Freedom Day occurs today:
“Government continues to dominate the American taxpayer’s budget,” said Tax Foundation president Scott Hodge. “Americans will still spend more on taxes in 2008 than they will spend on food, clothing and housing combined.”
In 2008, Americans will work 74 days to afford their federal taxes and 39 more days to pay state and local taxes. Meanwhile, buying food requires 35 days of work, clothing 13 days, and housing 60 days. Other major categories are health and medical care (50 days), transportation (29 days), and recreation (21 days).
Please take a moment to think about that. Today is the first day since January 1st of this year that average American is earning money for their family as opposed to paying for some government program.
Considering all the news today about the continued primary contest between the most liberal U.S. Senator and the Senator, who will best be remembered for the line “it takes a village,” taxpayers should be paying very close attention. Both of these individuals believe that MORE government programs are the solution to every and any challenge we face.
The average American is spending almost four months of every year working for Uncle Sam. How many more months until we officially qualify as a Socialist country?
Yesterday, the good people of Sierra County approved more taxes because the state government did a heck of a job of convincing them that it was in their best interest. They did this despite the fact that on average they already pay more in taxes than they do on food, clothing and taxes combined. They did this to help get a billionaire’s project off the ground.
Folks, the next time someone asks you to vote for a tax increase, I hope you’ll consider that government does not have a revenue problem. It has a spending problem.
Happy Tax Freedom Day!