Posts Tagged ‘Taxes’
I recently stumbled onto an interesting site. MyGovCost.org takes an estimated projection of the growth of government expenditures and the information you give them about yourself to estimate the amount of taxes that you will be paying in the future.
It tells you the total amount of your estimated tax payments over the course of your life. It also breaks this number down into government programs such as Social Security, Defense, Welfare, etc. On top of that, it gives you an estimation of what you could have made had you been allowed to invest your tax dollars into the private market over the same time period.
I recommend checking the site out. It makes the true cost of government hit home pretty hard. Let us know what you think!
Americans today are raised with a gross fundamental misunderstanding of what constitutes ownership and how that ownership relates to the government we are subservient to. As far as we know, we are legally obligated to yield a portion of our earnings to the United States Government, and this is acceptable to the majority of people. Of course many people complain, but typically the complaint is over the inconvenience, not the principle. April 15th symbolizes this condition, but it passes yearly and Read the rest of this entry »