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Friday, July 09, 2004

Taxes

Every year an independent tax watchdog group analyzes the average tax burden on Americans, and then calculates the "Tax Freedom Day." This is the day after which the money you earn goes to you, not the government.

This year, tax freedom day was April 11th. That's the earliest it has been since 1991.

It's latest day ever was May 2nd, which occurred in 2000. Notice anything special about those dates?

John Kerry gives speeches in which he claims Americans are actually paying more taxes under Bush, despite the tax cuts. He gives no explanation and provided no data for this claim.

Other interesting facts:
Both George Bush and John Kerry are wealthy men.
Bush owns only one home, his ranch in Texas.
Kerry owns 4 mansions, all worth several million dollars. (His ski
resort home in Idaho is an old barn brought over from Europe in pieces. Not your average A-frame).
Bush paid $250,000 in taxes this year; Kerry paid $90,000.

Does that sound right?

The man who wants to raise your taxes obviously has figured out a way to avoid paying his own.

7/09/2004 03:37:00 PM by Todd Bacon 0 comments

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