Reader comments: Utah 'Tax Freedom Day' next Monday
7 comments | Read story
liberal larry | 8:17 a.m. April 14, 2008
Considering all the government does to create a safe, stable, environment for all of us businessmen, I proudly write out my check to pay my fair share of taxes. This a truth a lot of freeloaders in this state don't seem to comprehend.
Michael T. Packard | 10:49 a.m. April 14, 2008
This measure does not tell the whole story. Government borrowing makes things worse than this indicates.
Our unprecedented run-up in national indebtedness means we have many more obligations to pay back, sometime in the future, than ever before.
America's Comptroller general Mr. David Walker has noted this as a source of national peril.
The average man, woman, or child has over $30,000 future debt, just through Federal Government obligations, primarily health and retirement programs.
Congress continues to borrow and spend as if there were no tomorrow.
Our state gleefully spent the surplus tax income, as if we were not heading into, possibly, the worst recession since the great depression.
Our unprecedented run-up in national indebtedness means we have many more obligations to pay back, sometime in the future, than ever before.
America's Comptroller general Mr. David Walker has noted this as a source of national peril.
The average man, woman, or child has over $30,000 future debt, just through Federal Government obligations, primarily health and retirement programs.
Congress continues to borrow and spend as if there were no tomorrow.
Our state gleefully spent the surplus tax income, as if we were not heading into, possibly, the worst recession since the great depression.
Home Owner #52 | 11:33 a.m. April 14, 2008
If it's true that, "Property taxes require 12 days," to pay taxes; then that must be someone else I don't know.
At my income level, I come out that it takes 74 days to pay off just my property tax alone
In other words, 20% of my income goes to just property tax!
At my income level, I come out that it takes 74 days to pay off just my property tax alone
In other words, 20% of my income goes to just property tax!
Comments continue below
DeLaval Milker | 12:25 p.m. April 14, 2008
Think of how much further down the road tax freedom day would be if we weren't borrowing billions to cover off the occupation of Iraq and all the tax breaks everybody wants.
Meaningless | 2:30 p.m. April 14, 2008
thy name is this story.
"That is when a typical taxpayer would have earned enough — if they spent no money on anything else — to have paid all their annual federal, state and local taxes."
How, pray tell, does one not spend money on anything else and live to tell about it? Seriously, what is the point of this story?
"That is when a typical taxpayer would have earned enough — if they spent no money on anything else — to have paid all their annual federal, state and local taxes."
How, pray tell, does one not spend money on anything else and live to tell about it? Seriously, what is the point of this story?
vor | 2:34 p.m. April 14, 2008
Wow home owner#52 You own a home and make less than minimum wage thats is the sign of a finacial genius. Way to go.
Michael T. Packard | 4:00 p.m. April 14, 2008
Sorry, but the earliest and worst version of my post went out, instead of the most complete.
The actual future indebtedness of every wage earner in America is $410,000, according to Mr. Walker. This is like having to pay off a mortgage on a $410,000 house, but without the house.
This is in Social Security and MediCaid, but mostly for future MediCare recipients.
The actual future indebtedness of every wage earner in America is $410,000, according to Mr. Walker. This is like having to pay off a mortgage on a $410,000 house, but without the house.
This is in Social Security and MediCaid, but mostly for future MediCare recipients.
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