Tax Day
It’s April 15th and that means it’s tax day here in the US. You need to file today (your return or an extension). When we look at how much we pay in taxes we have to wonder how this amount could go up if the current administration continues to spend at a hectic pace.
It does not take a rocket scientist to figure out that the wealthiest 5% cannot pay for the spending increases contemplated in the budget Obama wants with a modest increase in the tax rates. That means that either less must be spent or more will see taxes increasing.
So think about how much more you want to pay the next time you hear the administration touting how the full budget must be approved.
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