On the recordApril 15, 1996
As Americans hasten to file their Federal income tax returns by midnight tonight, many families will again remember how much of their family budget is paid to the Federal Government every year. Today they will be reminded and we will be reminded that the average American family pays $1 out of every $4 it earns to the Federal Government. We will be reminded that the average American family spends more on taxes than on food, on clothing, and on shelter combined. Sadly, we will also be reminded that the average American family can expect to work at least until May 6 before being able to dedicate any of the earnings to anything other than Federal, State, and local taxes. The average worker today spends the first 3 hours when he gets to work each morning just paying his debt to the Federal Government, State government, and local government before he can ever begin to labor for himself or for his family. With approximately 38 percent of the average family's budget being used to meet their total tax burden, it is high time that the U.S. Congress take action to make further tax increases more difficult.
Source
govinfo.gov




