Here's an Idea for a National Holiday
'Cost of Government Day' Marks U.S. Tax Burden
from Newsmax
Conservative taxpayer groups say Wednesday, July 11, marks the day this year when the average American worker will have earned enough to pay for his or her share of government taxes (federal, state and local) plus the cost of regulation.
Since 2001, the date has ranged from July 1 to July 12. It was July 12 last year.
"Right now taxpayers are under attack from Congress," Grover Norquist, president of Americans for Tax Reform," said at a Capitol Hill press conference on Tuesday.
"With tax increases on everything from cigarettes to private equity on the table, this year's 'Cost of Government Day' must spur politicians into action to protect taxpayers and the economic growth achieved under President Bush's tax cuts."
In his Saturday radio address, President Bush said his tax cuts "left $1.1 trillion in the hands of citizens like you to save, and spend, and invest as you see fit." Those tax cuts will expire in the year 2010 unless the Democrat-controlled Congress extends them, but a number of Democrats oppose the idea of giving "tax cuts to the wealthy."
"American taxpayers already work well over half of the year to pay for the cost of government," Norquist said. "The tax and spending spree must end."
from Newsmax
Conservative taxpayer groups say Wednesday, July 11, marks the day this year when the average American worker will have earned enough to pay for his or her share of government taxes (federal, state and local) plus the cost of regulation.
Since 2001, the date has ranged from July 1 to July 12. It was July 12 last year.
"Right now taxpayers are under attack from Congress," Grover Norquist, president of Americans for Tax Reform," said at a Capitol Hill press conference on Tuesday.
"With tax increases on everything from cigarettes to private equity on the table, this year's 'Cost of Government Day' must spur politicians into action to protect taxpayers and the economic growth achieved under President Bush's tax cuts."
In his Saturday radio address, President Bush said his tax cuts "left $1.1 trillion in the hands of citizens like you to save, and spend, and invest as you see fit." Those tax cuts will expire in the year 2010 unless the Democrat-controlled Congress extends them, but a number of Democrats oppose the idea of giving "tax cuts to the wealthy."
"American taxpayers already work well over half of the year to pay for the cost of government," Norquist said. "The tax and spending spree must end."
0 Comments:
Post a Comment
<< Home