Another day, another dollar used to mean a
recognition of a balance in our lives, normalcy,
and routineness. Since we feel that no longer
applies to those of us who work for a living we
feel a panel should be formed to locate a new
adage.
We’ll explain. Our day started alright as the
newspaper was read but changed when we looked at
the latest edition of the Amac Advantage magazine.
In an article titled “What happened to that dollar
you Earned?” the next line was “How the government
confiscates almost half of it.”
In this article Gerry Hafer writes that this year
we will spend $4.8 trillion on federal, state, and
local taxes. To put that in perspective, that is
about 10% more then we’ll spend on food, clothing,
and housing combined.
He also states that “Tax Freedom Day”, the day
that satisfies your annual federal, state, and
local…
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