As we argue and discuss the current economic crisis I ask you to examine the chart at left. You will notice that tax freedom day fell later in the year under Bill Clinton. Our income and spending was much closer to being in check. I know we do not like to pay taxes but if our government (at all levels) is going to continue to feed our addiction to more and more services something must give. A real scary statistic that more people need to check out is that in 2006 forty-one percent of Americans paid NO income tax. Is it time for us to consider a flat tax that everyone earning over $25,000 must pay? Even those under $25,000 might pay a flat 2% so they are at least contributing.
No comments:
Post a Comment