Tax Freedom Day

Tax Freedom day was yesterday (Tuesday) for this year.  Translated, all of your income through April 12, 2011 for this year, was effectively paid to the federal government to satisfy your tax obligations (how nice of you comrade!). 

The question is, do you feel free from the federal government and their uncontrolled spending?  No?  Me either!  Nor this author either.

Meanwhile, as I type this I have cruised over to www.usdebtclock.org where I see that my share of the Federal Debt as a taxpayer (per taxpayer) is approximately $128,548 of the total $14,292,975,600,000 debt.  (Of course, give or take a few clicks of the printing press mouse).  Have you paid your fair share?  Have you gotten a good return on your investment?  I didn't think so.

Here's to hoping that the Repubs get their act together and stonewall an attempt to raise the debt limit.  Perhaps they can make some push with all 47 Repub senators signed onto a Balance Budget Amendment, but I'm not holding my breath. 

Happy Cost of Government Day!

No longer, for this year at least, will your labor go towards servicing the expenses of the government.  That's right, we've slaved away for seven and one half months to pay our share of the government's bills.  Sounds encouraging towards the future doesn't it? 

American's for Tax Reform has the full report available here for free download in PDF format.  The biggest point in the report?  Simple!

In 2010, Cost of Government Day falls on August 19.  Working people must toil 231 days out of the year just to meet all costs imposed by government - 8 days later than last year and a full 32 days longer than 2008.

In other words, in 2010 the cost of government consumes 63.41 percent of national income.

Welcome to America, we need your money!