November 23, 2014

OUR VIEW: April 17 marks National Tax Freedom Day

Congratulations, you’re now working for yourself. Prior to April 17, every penny you earned went to feed the monstrous federal government.
Tax Freedom Day arrived on April 17 this year – four days later than last year. The National Taxpayers Union calculates the number of days each American must work each year to pay their taxes. This year’s tax freedom day arrived four days later than it did the year before meaning Americans will work 107 days into the year to earn enough to cover their combined federal, state and local tax bills.
If the government raised taxes enough to cover budget deficits, Americans would need to work another month to cover their tax bills. The numbers the National Taxpayer’s Union releases every year at this time are startling.
A century ago, Americans paid only 5.9 percent of their income in taxes. Those days, Tax Freedom Day arrived in late January. One hundred years later, Americans are paying a third of their income in taxes.
Every dollar taxpayers send to the government is a dollar individuals can’t spend on their own. As National Tax Day whizzes by this year, we’re ask all taxpayers this: Who do you trust to spend that money more wisely? Yourself or your government?
In a few short months, local governing bodies including the cities and school districts will begin budget discussions for next year. We believe individuals are better equipped to spend the money they earn more wisely than bureaucrats. Keeping taxes low allows the free market to work its magic.
As budget season approaches, taxpayers, and that includes us, will be watching to ensure the National Tax Freedom Day arrives sooner rather than later each year.

Comments

  1. ThePatriot says:

    “Keeping taxes low allows the free market to work its magic.” Prove it. To prove an assertion, you must show it is true for all cases. To disapprove an assertion, one has to cite only one contradicting example. Here are two:

    In the Clinton years, we had higher taxes and a much more robust economy.

    In the Bush years, we had lower taxes and an economy built on deception that finally tanked.

    I don’t want to see Americans pay high taxes, but we do not live in the same world as we lived in 1912. Your simpleton ideology does not apply in the 21st century. We live in a global economy, and we face severe challenges as a society.

    We have to distribute food and water from thousands of sources (foreign and domestic) to 308,000,000 Americans. We need national standards and a national government to ensure the safety and health of our food and water supply.

    Private business want to maximize profits and minimize costs (the “magic” of the free market); but they have a century long record of poisoning our air and water supply. Somehow these costs are not considered when calculating the bottom line. It is just easier to make the tax payer pick up the tab. Remember the 1000’s of superfund projects that still exists? How about abestos or the lead in paint and gasoline which the free market was so happy to bring to market.

    Private businesses also have a century long record of trying foist unsafe or inefficient products to the unsuspecting public . The cigarette companies are just one example. When both supplier and consumer have equal knowledge the free market system works. But businesses work night and day on ways to deceive the public. The automobile industry lobbied for decades against seat belts then again against air bags, and still are fighting mileage standards.

    The Gulf coast is still in terrible shape no matter what the BP sponsored ads tell you. Just more big business deception.

    These are just a few example of what government must do to protect the public from abuses of an unchecked free market. It isn’t 1912 anymore.

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