“The American people will never knowingly adopt Socialism. But under the name of ‘liberalism’ they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened.”

Socialist Party presidential candidate Norman Thomas

Thursday, April 24, 2008

Tax Freedom Day

I missed the observation yesterday but April 23 was Tax Freedom Day. If the government calculated all the taxes that you owed and forced you to pay it all up front, it would take until April 23(yesterday) before you were actually working for yourself. That's for the average American worker. Some people pay more and millions pay far less but the average is April 23. If we had a flat tax of about 17%, Tax Freedom Day would be around March 2.

This awful progressive income tax structure under which we toil stifles creativity, punishes achievement, and rewards shiftlessness. Just awful!

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