Tax Reform ATR believes that all consumed income should be taxed one time, at one low and flat rate. Link
Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
taxreformer
Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
taxreformer
Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
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Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
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9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
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.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
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"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
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Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
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The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
taxreformer
This post originally appeared at www.fiscalaccountability.org.
Today, August 25th, marks Virginia’s Cost of Government Day—the day of the year when the average citizen has stopped paying for the burden of government and can begin to earn for themselves. Virginia’s Cost of Government Day comes on the same day as Wisconsin, Minnesota, and Pennsylvania’s Cost of Government Days.
This means that Virginians had to labor for 237 days to pay off the burden of government in their state—including both spending and regulatory burdens. This is 6 days later than the national Cost of Government Day, which fell on August 19th this year.
The cause of this late date is government largesse—and Virginia is left footing the bill. From 2002 to 2008, state spending has grown by nearly 33% from $26.5 billion a year to $35.3 billion a year. To sustain this bloated government, Virginians have been saddled with over $3 billion in new taxes over the past eight years. This amounts to a $380.70 tax increase on every man, woman and child in the Old Dominion State in that time period.
Under the leadership of the new governor, some ideas have been floated that would ease the burden suffered by Virginia taxpayers, such as privatizing the state-run liquor stores; this effort could save as much as $115 million while generating $500 million in new revenue. Absent reforms that take this hard-nosed approach, however, Virginians will continue to work longer than taxpayers in other states to pay for the encroaching costs of government.
To view our full press release, click here
Photo Credit: Billadler