Tuesday, April 15, 2008

April 15 - Tax Day

Although I e-filed over a month ago, today was the day I wrote out a check and went to the post office to pay my taxes. Hopefully we will be able to write such a letter to the IRS when our current system is replaced by a Fair Tax.

In a week and a day (April 23rd), we will experience Tax Freedom Day, the day we stop working for the government and start working for ourselves. The Tax Freedom Foundation has some interesting statistics on their web site:

“Government continues to dominate the American taxpayer’s budget,” said Tax Foundation president Scott Hodge. “Americans will still spend more on taxes in 2008 than they will spend on food, clothing and housing combined.”

In 2008, Americans will work 74 days to afford their federal taxes and 39 more days to pay state and local taxes. Meanwhile, buying food requires 35 days of work, clothing 13 days, and housing 60 days. Other major categories are health and medical care (50 days), transportation (29 days), and recreation (21 days).

If you want to learn more about the Fair Tax, visit these websites:

Americans for Fair Taxation

Fair Tax Calculator
To learn about or get involved in the Fair Tax Movement in the State of Michigan:

Michigan Fair Tax

Michigan Fair Tax Proposal