Today is April 15 - the day of reckoning for taxes. According to theScott Hodge, President of the nonpartisan Tax Foundation, "Government continues to dominate the American taxpayer’s budget. Americans will still spend more on taxes in 2008 than they will spend on food, clothing and housing combined.”
This is a superb day for reflection about the size, scope, and purpose of the federal and state governments. As we move forward, voters, policy-makers, and think tanks should seriously review whether tax policy supports - or undermines - the Constitution and our First Principles. We should thoughtfully consider whether the enormous federal budget - as well as large state budgets - are serving our principles well. Spending without such scrutiny appears to be the norm, yet Americans appear to be more dischanted than ever with government. Viewing our taxes through the lense of our history and First Principles would bring some needed discipline to our fiscal and budgetary policy.
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