By Nathan Barton
Wow! This is Tax Freedom Day, 16 April 2019, just the day after Income Tax Day (may it be remembered in infamy).
Erica York of the Tax Foundation wrote, “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.” That’s federal, state and local. Isn’t that incredible.
Note that Tax Freedom Day falls three days earlier in 2019 compared with 2018 — thanks mostly to the much lamented and frequently-condemned Trump-pushed Tax Cuts and Jobs Act.
Ah well. It seems that Americans spend more on taxes than they do on food, clothing and shelter… (not counting the taxes levied on them).