November 5, 2024

Via Tax Guru, July 7 was Cost of Government Day. Combining the total costs of the federal, state and local government and dividing it by the national income average, all the money earned up until yesterday was used for the government.

“Working people must toil on average 189 days out of the year just to meet all the costs imposed by government,” said the 12-page report compiled by researcher Daniel M. Clifton. “In other words, the cost of government consumes 51.6 percent of national income.”

I long for the day for the next tax revolt. [sigh]

Links:
‘Cost of Government’ Date Is Reached Today
Americans for Tax Reform