DC Celebrates Cost of Government Day

Friday, August 27, 2010 8:00 AM by Lauren Forbes

The District of Columbia is celebrating their cost of government day today, August 29, ten days after the nation’s average. 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.  DC residents are required to work 241.1 days for the government to pay of their financial burden, and are only ahead of four states, ranking in at the 5th latest cost of government day.

While the federal government continues to spend beyond its means and raise taxes without consequence, it seems the DC City Council’s proximity to Congress has prompted it to do the same. Council members, enjoying lavish salaries and generous kickbacks, continue to raise taxes on DC residents to sustain their bloated city government. DC residents face tax hikes up to 30% on soda and cigarettes and have already seen tax increases on plastic bags. As evidenced by Maryland and Virginia’s late COGDs, it’s obvious that the infectious spending habits of the federal government have infected adjacent government as well. Unless DC taxpayers can find an antidote to the city’s incessant spending, they will likely see an even later COGD in 2011.
 
To view ATR & CFA's full press release, click here
 
Photo Credit: Toshio

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