OBAMA’S LEGACY: Americans spend more money on taxes than food, clothing and housing combined

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I can’t think of a better reason than the IRS to elect Ted Cruz. He will dismantle them and take us to a simple flat tax. It’s obscene what all of us go through every year just to pay the piper. This year Americans will spend far more on taxes than they do on food, clothing and housing combined. We are being taxed to death and this is proof of it. There are so many additional hidden taxes all over the place it would make your head spin. The IRS has morphed into the American Gestapo. Taxation is slavery, period.

From Breitbart:

This year Americans will collectively give more money to the government in taxes than they will spend on on food, clothing, and housing combined, a new report from the Tax Foundation reveals.

The report shows 31 percent of the nation’s income will go to taxes — $3.3 trillion in federal taxes and $1.6 trillion in state and local taxes:

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Tax Freedom Day is April 24th this year. That’s how long from the beginning of the year that it takes us as a nation to collectively cover our tax burden. “Tax Freedom Day gives us a vivid representation of how much federal, state, and local tax revenue is collected each year to pay for government goods and services,” Tax Foundation analyst Scott Greenberg said in a statement. “Arguments can be made that the tax bill is too high or too low, but in order to have an honest discussion, it’s important for taxpayers to understand the cost of government. Tax Freedom Day helps people relate to that cost.”

While the national “Tax Freedom Day” is April 24th, the variance among state’s tax burdens mean people living in different states have different “Tax Freedom Days.” According to the Tax Foundation, Mississippi (April 5th), Tennessee (April 6th) and Louisiana (April 7th) have the earliest “Tax Freedom Days” while New York (May 11th), New Jersey (May 12th) and Connecticut (May 21st) will have the latest. When factoring in federal borrowing, the Tax Foundation says, Tax Freedom Day would fall 16 days later on May 10th. Cruz wants to abolish the IRS and go to a flat 10% tax. Americans would sigh with relief if that happened.

Via Right Wing News

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