Heavy Lifting - thoughts and web finds by an economist
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Tuesday, April 13, 2004
Free at Last, Free at Last..
According to the good folks at the Tax Foundation, Tax freedom day came early this year - April 11 for those who pay state and federal taxes (early March for those of us lucky enough to not pay state income tax). I know that my Federal tax bill is significantly lower this year - thanks to Pres. Bush and Congress (yeah!!).
Figure 3 projects bad news however, as tax freedom day is estimated to be pushed back to April 29 by 2014 - this is an additional 18 days working for other "the man" or another 5% of the year to pay for other peoples' spending addiction.
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