Tuesday, April 15, 2008

Forget April 15th

The day with which you should be concerning yourself is: Tax Freedom Day - April 23, 2008. In order to pay for all the taxes you will owe for calendar year 2008, you must work from January 1st to April 23 in order to satisfy that tab. Starting on April 23rd, which just a week from now, you begin earning the money that will pay for your rent/mortgage, food, clothes, bills, and everything else you buy through the end of the year.

According to the Tax Foundation, you must work for 74 days this year just to pay for your income taxes. That's mid-March, so your income taxes are paid for. Right now, you are working within the 39 days needed to pay for your state and local taxes, so you are almost done being a serf to Uncle Sam.

Take heart my fellow taxpayers. Tax Freedom Day actually came early this year. In 2007, that revered day did not arrive until April 26. That means that this year, you actually get an additional three days to earn money for yourself!

Remember, work hard! Millions of people on welfare are depending on you.

Good Day to You, Sir

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