Americans get a two-day reprieve from the Tax Man this year due to April 15th falling on a Sunday and the following day being a Washington, D.C. holiday. The deadline to file federal taxes is April 17th, a day which many Americans dread and Big Government relishes. The old saying that death and taxes are the only things certain in life rings truer every day. We are all going to meet our Maker, but do we have to pay the government an absurd amount, too?
According to the non-partisan Tax Foundation, it will take Americans 107 days in 2012 to pay an estimated combined 29.2 percent of their salaries in federal, state, and local taxes. Meaning, nearly thirty percent of income is taxed one way or the other, from federal Social Security and income taxes, to state gas and local property taxes. Americans are simply overtaxed by the government at every level in their lives.
Read more at Cagle here.
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