As we’ve covered here time and again, thanks to the advent of property tax, it’s impossible for an American to actually own a home in “the land of the free” and the home of the NSA. We’re all renters. We are all serfs. The State owns every home in the land.
If that wasn’t bad and sad enough, we “free, brave” Americans now pay more in taxes than we spend on food, clothing, and housing combined.
As reported by The Washington Examiner:
“A tax advocacy group on Wednesday revealed that Americans spend more on taxes than their whole budget for food, clothing and housing.
The Tax Foundation, in its annual report on when the nation as a whole has earned enough to pay its taxes, announced the date as April 24.
The report’s key findings include:
— Collectively, Americans will spend more on taxes in 2016 than they will on food, clothing, and housing combined.
— Americans will pay $3.3 trillion in federal taxes and $1.6 trillion in state and local taxes, for a total bill of almost $5.0 trillion, or 31 percent of the nation’s income.
— Tax Freedom Day is one day earlier than last …
Read more at the FireBreathing Christian
(The opinions in this article are the opinions of the author and do not necessarily represent the views of Southern Nation News or SN.O.)