Thursday, November 24, 2011

Happy Thanksgiving!

On this day of giving, you might want to ponder how much the government is taking from you.  Here is a synopsis from Americans for Tax Reform of extraneous Thanksgiving costs "thanks" to government:
According to the American Farm Bureau Federation, this year’s Thanksgiving meal for ten increased in cost by $5.73 to a total of $49.20—mostly due to rising food prices. Despite the most significant increase in food costs since 1990, government taxation still gobbles up $13.68 of your meal preparations.


Unfortunately this measure still does not account for beer and wine consumption. Between football games and meals, nearly 53 million cases of beer are consumed. Government collects $219 million in taxes—44.33 percent of the cost of each case. Thanksgiving attendees will also find it hard to be grateful for the 32.77 percent increase in the cost of each bottle of wine thanks to government.


Whether you fly or drive to be with your loved ones this Thanksgiving season, government heavily taxes your preferred mode of transportation. Of the 94 percent of travelers driving their cars, government will raise an estimated $1.1 billion in tax revenue—45.33 percent of the gasoline price tag. Similarly, government also increases the cost of the average $376 Thanksgiving flight, making up 43.57 of each ticket’s price.

Happy Thanksgiving to our entire conservative community.  May we continue to be thankful for this blessed Republic.

No comments: