Do you know what Cost of Government Day is? That's the day on which the average American has earned enough money to pay off his/her share of the spending and regulatory burdens imposed by our governing and taxing entities at the federal, state and local level. Basically, it's your share of the taxes you have to pay to the governments in one way or another.
For 2010 the COGD fell yesterday on August 19. Isn't that pathetic?? You have worked 7 1/2 months to pay a myriad of taxes that cover the costs imposed by government. This year the COGD fell 8 days later than 2009 and a whopping 34 days later than 2008.
I will calculate it for you so you don't have to. That means in 2010 the cost of government consumed 63.41 percent of the income of you and every American.
Cost of Government Day serves as a stark reminder of the growing burden government places on Americans. For any Obama backers who insist the middle class has paid "no new taxes" under his reign, you are very wrong. Go to http://www.costofgovernmentday.com/ to read information on the various policies that have contributed to pushing this year's Cost of Government Day to August 19, 2010.
And then you can weep because at the rate Washington is spending money and with the additional debt being piled on us the Cost of Government Day will eventually have to be December 31.
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