April 17, 2012

Today is is Tax Day, when Americans hand over their hard earned money to Uncle Sam. Today is also Tax Freedom Day, the day when Americans earn just enough money to pay off the federal, state and local tax bill.

The Heritage Foundation’s Mike Brownfield elaborates:

For the first 111 days of the year, everything you earned went straight to Uncle Sam. Compare that to back in 1900, when Americans paid only 5.9% of their income in taxes and Tax Freedom Day came on January 22.

Each year, it takes hard working Americans longer and longer to earn enough money to pay their share of taxes. And the future is grim.

In January of 2013, Americans will be hit with waves of expiring tax cuts, which will lead to a crippling $494 billion tax hike known as Taxmageddon. If Congress fails to act, Heritage’s Curtis Dubay reports, “American households can expect to face an average tax increase of $3,800 and that 70 percent of Taxmageddon’s impact will fall directly on low-income and middle-income families, leaving them with $346 billion less to spend”

Most Americans would agree that a $494 billion tax increases is a bad idea. President Obama, however, seems unfazed and in fact has focused on adding another tax increase, the politically-inspired Buffett Rule.

How do you think Congress should address our ever rising tax rates?

Comments (35)

Ed Allen - April 17, 2012

The recent debacle at the GSA shows exactly what Congress needs to do in order to address tax rates -CUT SPENDING AND ELIMINATE DEPARTMENTS. After researching the GSA and what it does, it is becoming ever apparent that we have allowed the federal government to create itself an unwieldy fiefdom. Let’s eliminate the GSA, Dept of Energy and Dept of Education TODAY and I bet nobody would even notice.

JCal - April 17, 2012

I think President Obama has made so many misstatements about the taxes people pay, that only a few in our country really know how much tax other people pay. The reality is that many people who earn well over the president’s $250K break point for “wealth” pay a lot more in tax than people realize.

Right now we are scheduled in 2013 to an untenable tax situation – simply to fuel the uncontrolled growth of our government. We are changing bits of tax code here and there that all add up to a complex mess that needs an “extreme makeover.”

I would think we are finally due to a total overhaul of the tax code, and ensuring that everyone pays equitably and reasonably. This includes the lower incomes as well as the higher ones. While I have no problem with the government using taxes to subsidize some incomes, I also think the sense of entitlement in this country has grown exponentially over the last few decades or so – the “tax the other guy” phenomenon. Tax reform should not be politically motivated (as shown in recent re-election dialog), provide strong measures to keep budgets in line with revenue, and not inhibit growth and investment. This is eminently doable if our politicians would get out of their sandbox.

Ms.De Ette Moon - April 17, 2012

Less Government – More personal responsibility – A flat tax rate

Pete L. - April 17, 2012

Implement the FairTax

Jack Cinque - April 17, 2012

Enact HR-25 the FairTax and repeal the 16th Amendment

Patrick Guire - April 17, 2012

Congress should require a 2/3 majority for approval of any new tax or revenue increase from unearned sources. It must cease, in an orderly and timely fasion, authorizing expenditures for responsibilities not assigned to the Federal Government in our Constitution.

Hutch - April 17, 2012

All we have to do is to put corporations on a straight 15% of their top line and the rest of us on a national sales tax of 10% and whatever that comes to is what we allow the guv’ment to have.

Sonja - April 17, 2012

If Congress would just STOP sending our TAX Dollars to the Countries that OBAMA picks We the People e could save Billions if not Trillions. He has sent money to Kenya, to the Muslim Brotherhood, Egypt, Syria, and he and Hillary Clinton just keep promising the UN and its members more and more of the U.S.A. Tax payers’ money. Instead of Spending and giving our Tax Dollars on and in other countries, the U.S.A. Elected Officials need to support the COUNTRY THEY WERE “ELECTED” TO SERVE! Reduce taxes and Stop Spending!!!!! Ground the President’s, his wife’s and Congress’ air travel too. They spend $650,000 every time one of those airplanes leave the ground, and why, so he can go play golf in Hawaii and who knows where else!

Patricia Birren-Wilsey - April 17, 2012

Slash spending, reform entitlement programs by stopping theft and waste, set up a PAYBACK program for all recipients of welfare and food stamps, etc., necessarily requiring them to go to work to repay this debt within a prescribed timeframe, and set up a tax system that is flat and requires EVERY RESIDENT of our Nation to pay federal taxes.

John Rhoads - April 17, 2012

Recently I was listening to an audio lecture concerning Rome. The dear professor from the University of Oklahoma related that at the peak of Roman power, the citizens of Rome worked two days per year to pay their taxes. My-oh-my! How progressive we are compared to the Roman Empire! One supposes the Romans might have had just a tad better handle on spending public monies than the current crop of egocentric, self-serving, short-sighted US politicians.

Joan Jackson - April 17, 2012

Everyone should pay taxes. The current tax schedule provides that almost half of the people don’t pay any Federal income tax and many actually get federal payments. The top tax bracket is 35% and the liberal’s say, “35% is not enough.”
I say, let the current tax schedule expire, then everyone will pay more taxes. The upper tax bracket will go to 39% which will make the liberals happy and the tax credits will be eliminated which will make me happy.

Sincerely,
Joanie Jackson

A Anderson - April 17, 2012

Adopt ( Fair Tax ) plan

Var St. Jeor - April 17, 2012

In answer to the question: Of course I do. Our government is looking to gain absolute control of every man, woman and child in the U.S. and is attempting to do so by Obama Care and an ever increasing tax burden. If we do not do something very, very soon, the Socialists, Anarchists and other pro big government types will win and there will be nothing Americans will be able to do about it except work for the government as slaves or indentured servants. There will be no other option other than the course Patrick Henry took (…give me liberty or give me death…).

Richard Gaskill - April 17, 2012

It`s as simple as any american household,you know how much is coming in,and you set your budget accordingly,if need be, you CUT un-necessary or wasteful items,and stick to the (main) household expenses.The goverment WON`T do it.Our goverment borrows the money,and sticks the american people with the bill.This is turning into a communist(goverment runs everything)and the people are left with the bare minimun to;wait for it: fund the goverment! A simple and fare tax code,and a goverment that can live within those monies collected is the only we can balance our budget,it`s that simple,only greed & power is holding Washington back from “serving”the american people,and returning this nation back to the greatness it once had.

Gerry B - April 17, 2012

FairTax (consumption tax) & repeal the 16th Amendment

Len mccormick - April 17, 2012

CUT SPENDING!!!!!!

Mark - April 17, 2012

Fire ALL I.R.S. agents! Institute a 15% sales tax on ALL first time new purchases. Split that 9 to 6 between the STATE then the Fed! If the Fed can’t survive they can drop ALL their Cadillac perks! Also ALL politicians MUST hold a regular job and be paid what ever a local McDonald’s employee makes for a year! They can do their CIVIC duty with that money! EVERYBODY who is paid, or receives their money from the paid tax money of HONEST workers, CAN NOT vote for congress or monetary issues! They DID NOT pay into the pool so they CAN”T vote on how it is spent!!! (you would not let your children vote on their allowance amount)

Dallas Dagenais - April 17, 2012

Congress should be required, by Constitutional.amendment to balance the budget. At this point it should be their job to reduce expenses to the level of income.

Mary - April 17, 2012

Telling it as I see it, if things don’t change in favor of the People quickly History will be telling a very Ugly story again and the ones to blame will be the People who could have changed the out come and decided not to for selfish reasons.

“NO” tax raises of any kind, It’s been “Poven” that “2.5% – 3% Flat Tax” is more than enough to pay for “All” Government spending plus waste.

So when they preach or beg for more than that it’ll be all “Lies”. People need to do their own “research” with no “Excuses” and not depend on anyone in Government or the Elite to actually tell the truth. Any more than 3% means they will pocket or funnel what ever is left of their proposed amount to benifit themselves.

More “Bail Outs” are coming on all the so called “Green Projects”. That means more of our Hard earned money is going to disappear to the Government, Big Business, Insurance and the Elite like the Billions disappearing and say they don’t know where it went.

Politicians, Big Business, Insurances and the Elite making Billions in profits and not paying “one cent” in Taxes but yet they give them more of our hard earned “Taxed” money for not paying those taxes in grants ect.

So I don’t agree with any “Tax Hike” of any kind. Congress needs to Stop the Threats on one another, Spending on everything, “Backroom Deals, Porkbarreling, Private Deals, Favors to each other Illegals and out of Country spending until they clean up the “Mess” they created, Forcing the American people to pay and suffer for their whims, games and mistakes.

Government, Big Business, Insurance and the Elite have caused and passed on “Higher Prices, Pay Cuts,
Homelessness, Poverty and other hardships especially to the Middle, Single and Low Income Families.

No Politician in Federal, State or Local level or the Elite has made any “Sacrifices” of any kind since they created this mess in America and they won’t as long as they have the American People to “Sacrifice” and Throw under the “Bus”.

It’s “Insulting” to “Waste “Votes” reseating these officials who will fix nothing. They are going to do or say what ever they can untill the elections are over and it will be back to the same old thing, their own Self intrest and Greed, business as usall before the elections.

The only way to upset the apple cart is to get “All” new in office so that the People have a say in control over Government again as it should be.

People Stand up for you value the most, Yourselves, Families, America, God, Constitution, Bill of Rights, Resources and most of all Freedoms that Government, Big Business, Insurance and Elites are taking away from all of us through any means possible.

Writen law by Illegal means including executive orders. That they “All Exclude” themselves and their families from. How does this benifit the American People?

It’s an “Insult” to keep “Rewarding” the Biggest Law breakers in History, our Politicians, Big Business, Insurance and Government who are “Paid” by our Tax Dollars and “NONE” held Responsible for their Actons like We would be jailed in a heart beat.

If the so called Elected had the interest of the “People” at Heart as they say “None” of them would never have “SIgned” or made Laws that change our very Lives for the worse, Steal resources, change the Constitution, History, Rights, Education and putting Restraints of all kinds on the American People.

Sylvia Inman - April 17, 2012

After winning the House and Senate AND the Presidency, we need the FAIR TAX. Everyone voting should have “skin in the game” so as to choose representatives based on factors other than selfish reasons.

Rhonda Tubbs - April 17, 2012

GO back to the 5.9% net flat tax and a balanced budget !
Everyone in WDC would be forced to spend within them means, then.

Ernest T. Harbin, Jr. - April 17, 2012

Keep taxes at today’s level but cut expenses. Cut all Csars, aides, and all other non elected paid people causing such an expensive government price tag should be dismissed.
Pay each Senator and Representative a flat daily fee of $125 for only the days that they work.
Charge the President 1/2 of all cost of any travel that he does that is not strictly the country’s buisness.
Cut all government cost to the very bare bones and make sure that the country is very well protected.
After all that is really the only thing we really need the federal government for, is protection of the country. We don’t need a bunch of rulers telling us how to live our lifes and trying to make themselves more powerful.

With taxes as they are now and all the cost of what I’ve mentioned cut, the deficit could be paid off in less than 5 years.

Chuck - April 17, 2012

simple
do the KISS program
flat tax and then there is no question about it

Cheryl - April 18, 2012

I know this sounds simplistic and many will rake me over the coals for saying it, but if God only requires 10 % then why can’t we live on the same amount to run our government…across the board…personal and business…with very limited things that would reduce that amount. Things that would foster growth and societal support…care for others. Maybe something for companies that help their employees get and education .

William Freitag - April 18, 2012

We need a national dialogue on what the Government should do and eliminate those activities not not needed to fulfill the basic responsibilities of the Government. The “wants” tend to become “needs” and it becomes an ever expanding spiral.
Without some sort of mechanism to prevent this bureaucratic creep, we are doomed.

Doc Holladay - April 18, 2012

Decrease Spending! The way ahead is not to tax more to pay for ever increasing programs but rather to cut fat/waste and concentrate on those function that are Constitutionally required first! – if there are funds left in the treasury after having paid for those – then we can prioritize what to do with the leftovers.

Dave Zornes - April 18, 2012

First of all the tax should be a flat tax across the board for everyone.That way we could get rid of the irs, another bloated government leach sucking the life out of our country,then stop all these spending programs by these rats in congress and the white house.But, we all know, unless we get rid of these money blowing criminals in the government, that we will never get rid of the irs,they are like all government agencies, they want their big fat checks for doing nothing, and even if that didn’t work, they would make up some stupid job for themselves.Take the GAO for example.Let’s go back to the reeasons in Constitution for government,protection of the country, and eliminate all the rest of these corrupt agencies that are useless.Our only hope is Novemeber of 2012 to get this country back on track,the commies must be kicked out of government, and media.

Dennis Devendorf - April 18, 2012

Enact the FairTax and repeal the 16th Amendment.

D. Bowers - April 18, 2012

An open-minded, detailed consideration of the Fair Tax proposed by FairTax.org will, I believe, lead most people to the conclusion that the Fair Tax is fair, transparent, efficient, easy (low cost) to administer, hard to cheat and stimulating for the economy.

Income tax punishes businesses and individuals for their efforts and risks, is very expensive to administer, can never be equitable, invites cheating and is not at all transparent.

Other than wanting not to give up power (and the opportunity for corruption,) it seems to me that any congress-person and any president would support the Fair Tax which includes repeal of the 16th Amendment.

Donald Bodle - April 18, 2012

I am a huge fan of the FairTax. It would be better to rid ourselves of the current tax system than try to tweak it or reform it. The FairTax would give everyone “skin in the game”, a clear understanding of how much they’re really paying for their government, and a means to manage how much the give to the government (i.e. control their spending on new items). It would also encourage more people like me interested in starting their own business, but currently afraid of the cost of compliance, both financial and in time.

Bill Gervasio - April 18, 2012

Our current undecipherable tax code exists to pay for a federal government that Constitutionally should not be in the business of education, energy, EPA, unfunded state mandates, entitlements, and anything concerning the commerce clause. Addressing the elimination of these and other expenditures would make reforming the tax code a much easier and thorough process.

LeeB - April 21, 2012

Balance the budget and implement a flat tax.

Marie Fraley - April 30, 2012

Scale down the size of our government. Eliminate departments and personnel. De-regulate and let the economy pump itself back up, therefore encouraging private enterprise. Lower taxes with everyone sharing proportionately. It won’t be easy and those who ride free and irresponsibly on the working back of the taxpayer will surely object including those in our government who have grown ever so comfortable in spending someone elses money with little or no accountability.

Ron Baklarz - April 30, 2012

No ciizen should work more than 100 days supporting the Washington establishment. The current establishment is living off the hard work of citizens they were elected to protect from a lecherous government.

Barbara Suttoln - May 4, 2012

more of an example that the tax brakets have to change to include everyone including the wealthy. I like the idea of a tax bracket at equal percentage across the board. seems as though a 15% tax bracket for everyone 50,000 or more and 12% under. These are not a perfect suggestion but maybe you get my gest.

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