Devious Taxation
This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published April 25, 2012 on Townhall.com
The Washington, D.C.-based Tax Foundation does a yeoman’s job of keeping track of how much we’re paying in taxes and who’s paying what. It turns out that American taxpayers worked this year from Jan. 1 to April 17, 107 days, to earn enough money to pay their federal, state and local tax bills. That statistic requires some clarification, and I ask my readers to help me examine it.
According to the Congressional Budget Office, Congress will spend $3.8 trillion […]

