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an effort to create searchable online databases for government expenditures
a tool to highlight the hypocrisy of tax hikers
Constitutional or statutory requirement to rein in growth of revenues end expenditures
a commitment made by elected officials and candidates for elected office never to raise taxes
Raising the bar for tax increases
Requiring a cool-off period for all bills with a fiscal impact
pork-barrel spending - the broken windows of the budget
Bay Staters Spent 239 Days Paying for Government Burdens in 2010
Friday, August 27, 2010 8:00 AM
by Lauren Forbes .jpg)
Massachusetts Cost of Government Day is today, August 27. Cost of Government Day is the day when the average citizen has earned enough gross income to pay for their share of the fiscal and regulatory burden of government. Massachusetts’ government is so large that residents only have 129 days to work for themselves. National Cost of Government Day fell on August 19th this year, meaning that citizens of Massachusetts had to work for 8 days longer than the average American to pay for their government.
This large government is paid for by tax increases: in the last eight years, Bay Staters have received $10.85 billion in new taxes. That is, each citizen has had to pay a whopping $1632.29 in new taxes since 2003.
Massachusetts also finds itself near the bottom of the pack this year because of their spending and taxing policies. Thanks to the “Cap and Trade” National Energy Tax legislation that went into effect over the last year, Massachusetts has seen a devastating effect on gross state product, personal income, job losses, and increased gas and electricity prices. If Massachusetts continues to introduce wasteful spending and tax hiking policies, the cost of government day will most likely be even later next year.
To view ATR & CFA's full press release, click here
Photo Credit: JCBWalsh
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