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King: Tax Freedom Day should be January 1st

Statement

By:
Date:
Location: Washington, DC

Congressman Steve King released the following statement today to recognize Tax Freedom Day, the day when the average earner in the country has earned enough money to pay off the nation's total tax burden for the year:

"Taxes are a fact of life, but another fact is that Americans are hit too hard by taxes," said King. "Complying with the nightmarishly massive tax code adds a sense of doom to this time of year, and we owe smart working taxpayers more than that. Government exists to aid society, not the other way around.

April 15 would be just another day under the FairTax, and Americans could decide for themselves how much they pay in taxes each year. Under the current tax code, the government has the first lien on productivity, savings and investments. Tax freedom day highlights the fact because it shows us all just how much of our income goes to the federal government. The compliance and financial burdens of the tax code erodes our freedom and Tax Freedom Day reminds us that there is much work to be done to fix the tax code to ensure a competitive environment for free market capitalism."


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