Tomorrow, May 7, 1996, is tax freedom day. What is tax freedom day? Stated simply, it is the day on which the average American taxpayer stops working for the Government and begins working for himself or herself. It is a dramatic way of pointing out that if we divide the share of the income of each one of us as an average American into parts, the share that goes to Government will take us from January 1 to May 7 to earn and to pay to those governments and that only after May 7 are we working for ourselves. Again, this is an average. For some, tax freedom day comes a little earlier; for others it comes a little later. I regret to say for the citizens of Washington State whom I represent, it comes a little later. It comes on May 10. Why? Because, of course, we are talking about the burden imposed on the people of this country by all levels of our Government, here in Washington, DC, and our State and local governments as well. Mr. President, does it not boggle the mind to think that governments take this much of what we earn by our hard work for its own purposes?
Editor's note · Context
Discussing tax freedom day and its implications for American taxpayers.
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