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Cost of Government Day Update (this should open some eyes)

Posted: Mon Jun 16, 2003 3:22 pm
by j
Each year Americans for Tax Reform releases a report that calculates Cost of Government Day, that is the date of the calendar year on which the average American worker has earned enough gross income to pay off his or her share of spending and regulatory burdens imposed by all levels of government, federal, state and local.

2003's Cost of Government Day is July 10th. This is five days later than the revised 2002 Cost of Government Day of July 5th. As a result, working people must toil on average 192 days out of the year just to meet all the costs imposed by government.

The full report will be issued July 10th and will be available at http://www.atr.org.