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The right to tell the Government to kiss my Ass Important Message for All Law Enforcers Freedom; what it is, and what it is not. Unadulterated freedom is an unattainable goal; that is what the founders of America knew and understood, which was their impetus behind the documents that established our great nation. They also knew that one of the primary driving forces in human nature is the unconscious desire to be truly free. This meant to them that mankind if totally left completely unrestricted would pursue all things in life without any awareness or acknowledgement of the consequences of his/her own actions leaving only the individual conscience if they had one as a control on behavior. This would not bode well in the development of a great society. Yet the founders of America chose to allow men/women as much liberty as could be, with minimum impact on the freedom or liberties of others

Thursday, April 7, 2016

You Probably Spend More On Taxes Than Food, Clothing, And Housing Combined

You Probably Spend More On Taxes Than Food, Clothing, And Housing Combined

irs
Are you familiar with Tax Freedom Day? No, it isn’t the day after April 15th. According to the Tax Foundation, it’s the day of the year when the average American has earned enough money to pay for all the income taxes they will accumulate throughout the rest of the year. In 2016, that day will fall on April 24th. Or put another way, if you work during all 52 weeks of the year, more than 16 weeks of your labor are going to the IRS.
According to the Tax Foundation’s annual report, Americans are going to spend a total of $5 trillion on federal, state, and local taxes this year, which amounts to about 31% of our nation’s income. That’s almost $1 trillion more than we spend on food, clothing, and housing put together.
Tax Freedom Day happens to fall one day earlier this year than it did last year, but when you consider our government’s deficit spending, the day lands on May 10th. It also varies from state to state. Tax Freedom Day falls on May 21st in Connecticut, but arrives as soon as April 5th in Missouri.
Historically speaking, we’re paying way more than our parents and grandparents did. A hundred years ago Tax Freedom Day was in late January. While most Americans will complain about how much they’ll have to fork over on April 15th, they largely have no concept of how much they are paying in a historical context. And to think our ancestors revolted against the British Crown when 1-2 percent of their income was taxed.

Also Read:
A Very Brief History of Taxation in America
The Panama Papers Reveal The “Big Global Problem”

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personalTwitter. Joshua’s website is Strange Danger.

You Probably Spend More On Taxes Than Food, Clothing, And Housing Combined

irs
Are you familiar with Tax Freedom Day? No, it isn’t the day after April 15th. According to the Tax Foundation, it’s the day of the year when the average American has earned enough money to pay for all the income taxes they will accumulate throughout the rest of the year. In 2016, that day will fall on April 24th. Or put another way, if you work during all 52 weeks of the year, more than 16 weeks of your labor are going to the IRS.
According to the Tax Foundation’s annual report, Americans are going to spend a total of $5 trillion on federal, state, and local taxes this year, which amounts to about 31% of our nation’s income. That’s almost $1 trillion more than we spend on food, clothing, and housing put together.
Tax Freedom Day happens to fall one day earlier this year than it did last year, but when you consider our government’s deficit spending, the day lands on May 10th. It also varies from state to state. Tax Freedom Day falls on May 21st in Connecticut, but arrives as soon as April 5th in Missouri.
Historically speaking, we’re paying way more than our parents and grandparents did. A hundred years ago Tax Freedom Day was in late January. While most Americans will complain about how much they’ll have to fork over on April 15th, they largely have no concept of how much they are paying in a historical context. And to think our ancestors revolted against the British Crown when 1-2 percent of their income was taxed.

Also Read:
A Very Brief History of Taxation in America
The Panama Papers Reveal The “Big Global Problem”

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personalTwitter. Joshua’s website is Strange Danger.


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