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Washington Welcomes Cost of Government Day

Friday, August 27, 2010 8:00 AM Add to Facebook Add to Twitter by Lauren Forbes

Washington finally welcomes Cost of Government Day today, Aug. 29. Cost of Government Day is the day of the year when the average citizen has earned enough gross income to pay off their portion of the burden of government, which consists of both regulatory and spending burdens. This means that residents of Washington had to work for 241 days in order to pay for their government; this leaves Washingtonians only 124 days to earn income for themselves. 

This year, Washingtonians ranked 46th to arrive at Cost of Government Day, ahead of only four states and the District of Columbia. Compared to the national date, Washingtonians had to work for an additional 10 days to pay for their share of government.
 
To fund this extravagant level of government, Washingtonians have been laden with an additional $1.7 billion in taxes since 2003. That means that every citizen—man, woman, and child—is now laden with an additional $261.53 in taxes. Yet while Washington taxpayers continue to shell out more money for soda, beer and tobacco, the state continues to request bailout funds from the federal government.

To view ATR & CFA's full press release, click here

Photo Credit: Ken Lund

Tags: SpendingLimits FederalSpending Federal WA | Comments (0)

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