Zach Wamp: “I think today is a day that we should stop... to look back. In 1957, when I was born, my parents paid less than 10…”

“I think today is a day that we should stop... to look back. In 1957, when I was born, my parents paid less than 10 percent of every dollar they made in combined taxes, local, State and Federal put together. The Federal tax rate was only a third of that, but they only paid a dime out of every dollar. We now know that in today's world, that figure is approximately half. As a matter of fact, Tax Freedom Day is going to take place next week, on Thursday, July 3. That is incredible because July 4, the following day, is Independence Day.”