Tax Freedom Day?

[monarch]

What's the real story on this? People on another board I frequent are touting this as a big Bush achievement. It seems to me that I have read stuff debunking the whole idea but I can't seem to turn up much analysis.

[Dogmudgeon]

1. Ask me about how stupid I am!

Just ask the biggest loudmouth there to explain it to you.

Chances are, he'll give you enough rope to hang him with in less than five minutes.

--bkl

[PsN2Wind]

2. Actually it's the day,

according to the wealthiest Americans, that George W. Bush was given the presidency by his Daddy's friends on the Supreme Court.

[Fla_Democrat]

3. Read it for yourself

at http://www.taxfoundation.org/taxfreedomday.html

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"What is Tax Freedom Day?
Tax Freedom Day is the day when Americans will finally have earned enough money to pay off their total tax bill for the year. Every dollar that’s officially called income by the government is counted, and every payment to the government that is officially considered a tax is counted. Taxes at all levels of government are included, whether levied by Uncle Sam or state and local governments.

Tax Freedom Day gives Americans an easy way to gauge the overall tax take, a task that can be quite daunting due to the multiplicity of taxes at each level of government, especially the "hidden" taxes and fees that are often buried in the cost of living. In effect, Tax Freedom Day provides taxpayers with a tax barometer that measures the total tax burden over time and by state."

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Check the information. http://www.google.com