Despite public outrage over proposed federal tax law changes that would have had no impact on the average taxpayer, nobody has seemed particularly incensed that, nationwide, state and local taxes are increasing significantly as these governments’ budgets have been sucking wind in the economic disaster of the past three years.

January 10, 2011

1 Min Read
The Tax Man Cometh

Despite public outrage over proposed federal tax law changes that would have had no impact on the average taxpayer, nobody has seemed particularly incensed that, nationwide, state and local taxes are increasing significantly as these governments’ budgets have been sucking wind in the economic disaster of the past three years.

Immaterial, it seems, that the average salaried taxpayer has not had any increase in federal income tax rates in years (unless increased income pushed them into a higher tax bracket) — nor would they have had under the administration’s proposal, which was summarily shot down by the Party of No, nor will they under the compromise that was finally approved for extending the Bush tax cuts for two years (adding $800 billion-plus to the national debt).

We won’t even consider the millions of people who’ve paid no income taxes at all for a year, or two, or three, because they’ve been unemployed as a result of the economy’s meltdown, and have no real prospects of finding work as corporate America sits on a mountain of cash, demands more of fewer employees, and keeps sending thousands of jobs overseas.

Yet, in the high dudgeon over nonexistent federal tax hikes for the average taxpayer, nobody has seemed particularly incensed that, nationwide, state and local taxes are increasing significantly as these governments’ budgets have been sucking wind in the economic disaster of the past three years.

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