Friday, April 11, 2008

Happy Tax Freedom Day

It seems very appropriate that the day after the Brooks' file our federal income tax forms it's Tax Freedom Day in Tennessee.

From the TNGOP:

According to the study from the Tax Foundation (www.taxfoundation.org), Americans, as a whole, work a significant number of days each year to pay for things other than government, but nothing else is so expensive. According to the Tax Foundation, Americans will work longer to pay for government (113 days) than they will for food, clothing and housing combined (108 days). In fact, Americans will work longer to afford federal taxes alone (74 days) than they will to afford housing (60 days). As a group, Americans will also work longer to pay state and local taxes than they will to pay for food. The average American spends 30.8 percent of their income paying taxes at all levels of government.
That's all a bit sobering and it tempers the "YES!! That's done for this year" celebration.

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