Wednesday, April 8, 2015

The First 114 Days Are the Hardest

YESTERDAY AT THE CONSERVATIVE AGENDA, Political Insiders were asking Beloved Whistleblower Publisher Charles Foster Kane which was his “Favorite Day” in April. “There are so many to choose from,” Kane explained. “So it would be hard to pick a favorite.” But the day we plan to celebrate this year, and so should even all of those Dumbed-Down, Self-Absorbed, Media-Influenced, Celebrity-Obsessed, Politically-Correct, Uninformed, Short-Attention-Span, Free-Stuff Grabbing, Low-Information Obama Voters Who Put Obama In The White House—Twice, and get all of their information from our Obama Supporters in the Press, is “Tax Freedom Day.” That’s the date our friends at the Tax Foundation say the average US over-taxed payer has worked long enough to pay all of his federal, state, and local taxes for the year. If you include annual federal borrowing, which represents future taxes owed, Tax Freedom Day would occur 14 days later on May 8.

Tax Freedom Day 2015 arrives on April 24 this year. Coincidentally, that’s three days later than last year and nine days after your 2014 taxes are due. The reason it arrives later is due mainly to the country’s continued steady economic growth, which is expected to boost tax revenue especially from the corporate, payroll, and individual income tax.

This year, Americans will work the longest to pay federal, state, and local individual income taxes (43 days). Payroll taxes will take 26 days to pay, followed by sales and excise taxes (15 days), corporate income taxes (12 days), and property taxes (11 days). The remaining 7 days are spent paying estate and inheritance taxes, customs duties, and other taxes.

Bluegrass Bureau Chief Ken CamBoo says Tax Freedom Day will arrive Saturday on April 11 (ranked #6 latest nationally) because as everybody knows, your state and local taxes are lower in Kentucky. In Columbus, Buckeye Bureau Chief Gerry Manders says Ohio over-taxed payers will work until April 17 (ranked #23 latest nationally) to pay their total tax bills. And Indiana Bureau Chief Hoosier Daddy says Religious Fanatics will be working until April 18 (ranked #24 latest nationally) to pay all their taxes, which includes some fabulous fees on all those new gay wedding cakes.

Meanwhile, our friends at the IRS tell us, the April 15 deadline for filing your federal taxes is for real, it’s not just one of those phony baloney ObamaCare deadlines we’re all getting to know and love these days.

More Taxing News Later