Sunday, April 16, 2006

Happy Income Tax Deadline!

Okay, it's got nothing to do with animation or labor unions, but today (assuming your reading this April 17) is the deadline for filing income taxes. Both state and federal... Our taxes -- particularly Federal -- are lower than they have been in a bunch of years. However, the lowness is an optical illusion. The Feds are collecting taxes at 16% of GDP, and spending at 22% of GDP, which means that we are "tax shifting," not actually tax cutting. Somewhere, somehow, some way, we...or our grandkids...will pay. Trust me on this.


Anonymous said...

It was a big pay day for the feds from me anyway. Refund, ha! The money I paid in taxes was more than I used to earn in a year.

Site Meter