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Thread: Today is the day you can start keeping your money-Tax Freedom Day 19 April

  1. #1

    Exclamation Today is the day you can start keeping your money-Tax Freedom Day 19 April

    On Patriot's Day, in an ironic twist.

    Don't you feel proud?

    Look at all this civilization you bought.

    What is not included in this calculation is increased costs (secondary taxation) and compliance costs.

    Which I reckon are another trillion or so.

    Tax Freedom Day 2018 is April 19th

    https://taxfoundation.org/tax-freedom-day-2018/

    April 11, 2018
    Erica York

    Tax Freedom Day is a significant date for taxpayers and lawmakers because it represents how long Americans as a whole have to work in order to pay the nation’s tax burden.

    This year, Tax Freedom Day falls on April 19, 109 days into 2018.

    Tax Freedom Day will be three days earlier than it was in 2017, in large part due to the recent federal tax law, the Tax Cuts and Jobs Act, which significantly lowered federal individual and corporate income taxes.

    In 2018, Americans will pay $3.4 trillion in federal taxes and $1.8 trillion in state and local taxes, for a total bill of $5.2 trillion, or 30 percent of the nation’s income.

    Americans will collectively spend more on taxes in 2018 than they will on food, clothing, and housing combined.

    If you include annual federal borrowing, which represents future taxes owed, Tax Freedom Day would occur 17 days later, on May 6th.
    “It is not true that all creeds and cultures are equally assimilable in a First World nation born of England, Christianity, and Western civilization. Race, faith, ethnicity and history leave genetic fingerprints no ‘proposition nation’ can erase." -- Pat Buchanan



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  3. #2
    Yeah, except for the mandated insurances I have to pay, right?

  4. #3
    Only 1/3 of the year? What a value!

    Fear of man will prove to be a snare, but whoever trusts in the LORD is kept safe. Proverbs 29:25
    "I think the propaganda machine is the biggest problem that we face today in trying to get the truth out to people."
    Ron Paul

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  5. #4
    In 2018, Americans will pay $3.4 trillion in federal taxes and $1.8 trillion in state and local taxes, for a total bill of $5.2 trillion, or 30 percent of the nation’s income.
    ... on $hit we gave no consent for.

    Don't need a weather man to know which way the wind blows



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