Thursday, August 19, 2010

August 19, 2010 -- Happy Cost of Government Day, America!

According to the Americans for Tax Reform Foundation and the Center for Fiscal Accountability, today is the day on which the average American has earned enough gross income to pay off his or her share of the spending and regulatory burdens imposed by government at the federal, state, and local levels. Working people must toil 231 days out of the year just to meet all costs imposed by government - 8 days later than last year and a full 32 days longer than 2008. In other words, in 2010 the cost of government consumes 63.41 percent of national income. To my way of thinking, that number is about 30 - 35% higher than it ought to be.



Those states with the earliest Cost of Government Days:

Alaska- July 28
Louisiana- July 28
Mississippi- July 31
South Dakota- August 2
West Virginia- August 3

Those states with the latest Cost of Government Days:

District of Columbia- August 29
Maryland- September 4
New York- September 10
New Jersey- September 14
Connecticut- September 17

Enjoy your 134 days of freedom this year.

6 comments:

  1. I would like to have this great feeling around April 15th, rather than August 19th.

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  2. The difference between Republicans and democrats are; Republicans come up with bad ideas and Democrats figure out how to make them worse.

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  3. There's no shortage of bad ideas coming out of Washington, many of which get turned into legislation that gets signed into law. I enjoy looking at the titles of bills, because it is almost a dead certainty they will do the opposite of what is intended.

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  4. But without government, the poor would starve in the streets, America would be overrun by terrorists, and income inequality would reach new heights!

    Hmm...?

    Well I personally wouldn't want to go back to the horrors of the industrial revolution, the main reason we're no longer there is due to technological progress. Here's hoping to more of that, along with reasonable and competitive government in the future.

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  5. Kevin,

    I agree with you.... here's to technological progress..... it has has the average joes of today living better than the kings of 100 years ago.

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