Tax day is less than a week away. To many Americans, this means surrendering a portion of their paycheck to a government that does not spend it wisely.
But that’s not the only problem with high taxes: they’re increasingly eroding our freedom.
According to The Heritage Foundation’s 2014 Index of Economic Freedom the United States is the only country in the world whose economic freedom has declined for the past seven years. Much of the blame can be placed on big government and the high taxes that fund it.
“There is a real risk that the economic sclerosis we are currently suffering could turn into a full-blown permanent economic health crisis,” Heritage expert Anthony Kim warns.
Lawmakers should look to policies like Heritage’s Saving the American Dream plan, which would reform the tax code by simplifying and reducing taxes.
“As Americans look to their future more than ever, 2014 should be the year of action to reverse the startling decline of America’s economic freedom and revitalize its entrepreneurial pulse,” Kim concludes.
Do you think our complicated and burdensome tax system strangles our economy and our freedom?