Another Obama first: Americans now toil over half the year to pay for unconstitutional government

This year, Americans have to work until July 15 to pay for the burden of government, more than six months.

In a new report, Americans for Tax Reform (ATR) has calculated that Americans will spend a total of 197 days toiling to pay for the cost of government.

“Cost of Government Day 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 the spending and regulatory burden imposed by government at the federal, state and local levels,” reads the report.

The report, Cost of Government Day, shows that Americans will work 88 days to pay for federal spending; 40 days for state and local spending; and 69 days for total regulatory costs.

“From a different perspective, the cost of government makes up 54.0 percent of annual gross domestic product (GDP),” reads the report. “What’s more, the largest tax hike in the nation’s history is scheduled to take place at the end of 2012 unless Congress acts to protect taxpayers. If this tax increase is allowed to hit, COGD [Cost of Government Day] could permanently be pushed back into August and beyond.”

Read more from this story HERE.

Photo credit: politibear

  • daveveselenak

    Not to worry, that percentage will go up after he steals the election! I recently retired and thought of working part time to supplement my meager retirement income but I decided not to because I don’t want to give a dime to this new Hitler and his communist regime – I’d rather eat dog food than contrbute to the redistribution of wealth – the communist way – to the illegal aliens and the black grifters!

  • Ps 127:1 “Except the Lord build the house, they labor in vain that build it: except the Lord keep the city, the watchman wakes but in vain.” The rest of the psalm is also powerful (children are a heritage . . .)
    daveveselenek – you are correct about not to worry. God Ps 37:7 “Rest in the Lord and wait patiently for him: fret not thyself because of him who prospers in his way, because of the man who brings wicked devices to pass.” Jesus is still the answer. Peace,