“Tax Freedom Day is the day that ‘the nation as a whole has earned enough money to pay its total tax bill for the year.’ National Tax Freedom Day comes just a few days behind our deadline to pay up, with the exception of Texas, where residents have a lower average state and local tax burden. Tax Freedom Day for Texans began on April 10. On average, Americans nationwide will work 40 days just to pay their income tax, another 25 days for payroll taxes, 15 days for excise taxes, and 12 days for property taxes. Overall, Americans will spend more on taxes than on food, housing, and clothing combined this year.”
http://www.independent.org/newsroom/article.asp?id=3593
(Visited 29 times, 1 visits today)
Related posts:
Our Legacy Systems: Dysfunctional, Unreformable
Drivers, Beware Traffic Stops in the American Police State
Paul Rosenberg: The Internet Is Being Slaughtered in the Back Room
My Journey in the World of Copyrights
Humans Need Not Apply
Jeffrey Tucker: Mises Can Save the World
Obama Follows Bush's Iraq Playbook
Bill Bonner: The Making of a Modern Debt Slave
Why US government IT fails so hard, so often
New York’s Crony Motivated Swipe Against the Sharing Economy
The Worst Inflation in My Lifetime
Anthony Gregory: The FBI Lurking Behind Every Corner
He Parlayed Coins To Crowns; Mayer Rothschild's street smarts [2004]
The Road to the Permanent Warfare State, Part 12 - Gregory Bresiger
Our American Dream Has Become The World's Nightmare.