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What does it mean when you have to work 107 days just to meet your tax bill?
April 4th, 2012
02:45 PM ET

What does it mean when you have to work 107 days just to meet your tax bill?

FROM CNN's Jack Cafferty:

With less than two weeks to go until taxes are due, think about this:

It's estimated Americans need to work 107 days just to earn enough money to pay their taxes.

A research outfit called The Tax Foundation says Americans will spend an average of 29% of their income on federal, state and local taxes in 2012.

That's more than what an average family spends on food, clothing and housing combined.

Nationally, the so-called Tax Freedom Day arrives April 17, which just happens to be the same day taxes are due.

But it comes earliest in states like Tennessee, Louisiana and Mississippi. Tennessee is the earliest at March 31.

States with higher average incomes - like Connecticut, New Jersey and New York - aren't free of their tax burdens until later in the year. Connecticut is the latest at May 5.

It goes without saying that not every situation is the same, but a lot of people are fed up with our current tax structure.

Billionaire David Rubenstein calls America's tax system a "disgrace."

The co-founder of the private equity firm Carlyle Group says the government needs to change the law if they want the rich to pay more in taxes. Rubenstein adds that he's paying what he's supposed to pay under the current law - and it's unfair for people to say he's not kicking in his "fair share."

President Obama has been calling for the rich to pay their "fair share" in taxes. He wants to change the law so that people who make more than $1 million pay at least a 30% tax rate.

Here’s my question to you: What does it mean when you have to work 107 days just to meet your tax bill?

Interested to know which ones made it on air?

Dave in Laguna Niguel, California:
It means the government is too big and spends too much. Just think how long we would have to work to meet our tax bill if we also had to pay the trillion dollars they borrow each year!

Jim in Los Angeles:
Jack, Surely you were not referring to corporate CEOs, Mitt Romney, illustrious U.S. senators, Messrs Buffett & Gates, the executive ranks at Goldman Sachs, and those with assets of more than $5 million? If the taxes we pay as a percent of income were applied to all, it would not be 107 days for the vast majority of us.

M.:
If some in the government had their way, that is 258 days too few.

Greg in Arkansas:
Kind of an awkward question when you figure that millions of Americans have been out of work for more than 189 days and would gladly change places with any griping, gainfully-employed taxpayer where they could trade their unemployment check for a pay check.

Chris in Florida:
Jack, It means that there is a huge imbalance between those who pay and those who do not. Millionaires, corporations and billionaires don't count that way, and they are the problem. The working class bear too much and the others way too little. The number would go WAY down if big corporations paid a fair share.

J.B. in Nashville, Tennessee:
It simply means we need a new president and we need to oust the REAL “Party of No”, the Democratic-controlled Senate. They haven't even passed a budget in 3 years. Vote them out...imagine how that figure you mentioned (107 days) will Increase if they remain in the majority. Kiss your paychecks goodbye!

S. in Florida:
Guess I'll have to hold off on the car elevator, Jack.

Posted by
Filed under: On Jack's radar • Taxes
soundoff (241 Responses)
  1. Greg McCarthy

    Jack, This means that the Congressional GOP hasn't even earned enough money to pay their taxes in a few years,let alone their actual earned income. Greg M. FL

    April 3, 2012 at 1:05 pm |
  2. Eric

    I suppose we should be grateful. The way things seem to be going, we'll be working 365 days and then be asked to work Overtime to meet the tax bill.

    April 3, 2012 at 1:08 pm |
  3. lou

    We need a whole system re-set on our national etch a sketch. No one minds paying taxes for stuff we all benefit from...roads, police, teachers. But enough with all the handouts. From food stamps to corporate tax subsidies to foreign aid going to countries that hate us. Our national government has gotten way out of control.

    April 3, 2012 at 1:14 pm |
  4. james in greenville, nc

    Jack, it means I am on my way to being a 1 per center. Or else it means that I am one of those few remaining who feel that I should work and support my family. Maybe I should give up on work and lie around the house all day letting the government look after me. I understand my only obligation is to vote Democratic.

    April 3, 2012 at 1:14 pm |
  5. Steve Newman

    It means you have 258 days to put money into the bank! It means you can fly thanks to the FAA, eat and take medications thanks to the FDA, etc. etc. I had a client once complain to me about paying millions of dollars in quarterly taxes (he earned around $16 million that year). This was back in 1984. He was so angry he swore he wouldn't make so much money the following year, so as to decrease his tax bill (although he didn't say it as nicely). I kept thinking "why can't I have that problem?". Of course, the next year, he made even more money. You don't want to pay taxes? That's easy, don't make any money and let the many unemployed have the job that is causing you all these problems.

    April 3, 2012 at 1:28 pm |
  6. Jen Seattle Wa

    It Means the Non Working Shareholders The U.S.Govt elected willingly pay extra Dollar amounts on all Debt as Special Interest Favor ,undermines morality for sake of rule of law that stalls progress with Consolidations of power and money to Sellouts Unsustainable to GLobal Trades for Peace.

    April 3, 2012 at 1:28 pm |
  7. JD in NH

    It means people of average means don't have tax shelters in Switzerland and the Caymen Islands. We don't have a stable of tax attorneys like the big oil companies that manage to not only weasel us out of paying taxes, but get big, fat subsidies to boot. If everyone paid their fair share, the days we work to pay taxes would decrease dramatically.

    April 3, 2012 at 1:31 pm |
  8. Mel - Houston

    I hate whiners. We have become a nation of whiner. We are an exceptional people we shouldn't have to pay any tax at all. It should all be free. Then we could all go to work at our dollar and a half per hour paying job and know that we earned every "penny" of our salary. We would live in company housing and buy our groceries at the company store. Sounds like a utopia life to me.

    April 3, 2012 at 1:34 pm |
  9. RickFromDetroit

    With 47% of Americans paying zero income tax it means that the tax burden is shifted to the former middle class workers in this country. [1] Years of tax cuts to offset substandard wages has destroyed the tax structure. [2] Corporate tax cuts are funneled into shareholder profits and the wealthy are spending our tax revenues. [3] 46 million Americans living below poverty and 97 million Americans classified as low income has "entitlement spending" at record levels.

    NOTE: Taxes are collected as a percentage of income and the less people earn, the less they pay in taxes, while tax cuts for the wealthy has destroyed tax revenues for those who can afford to pay taxes. [I.E. 20% of $500 is $100, while 20% of $1000 is $200.] This same policy also applies to Social Security.

    President Obama campaigned for the unequal distribution of wealth and after he was elected he implemented a "trickle down" economic program that has the distribution of wealth more unequal than when he started. President Obama' thought he could stimulate the economy from the top down while he, his colleagues, and his Corporate and Wall Street Buddies could "clean house" on the collapsing "Stock Market" by implementing the "Elected Officials Exemption to Laws" and utilizing this program for "insider trading," that the Congress recently said is now illegal.

    Trickle Down Economics is a disgrace to democracy and the human race. What trickle down economics says, is if a dog catcher were to pick up a stray dog and take him to the kennel, and the kennel only had enough food & water for one dog, the two dogs would have to split the food & water. This "safety net" would be better for the dogs than nothing at all!

    April 3, 2012 at 1:40 pm |
  10. Doug Ericson

    All the income tax does is enable the Government Crooks to think of ways to steal and waste your money. Eliminate the income tax and most of the Government Crooks will have to learn how to make a living honestly. I am still mad about the Supreme Barbarians decision to allow gross searches of prisoners, even in cases where someone is being held for something as mundane as a traffic violation. Why don't those Supreme Court Stone Aged Monkey Brains reccomend Abu Ghraib like torture conditions while they are at it. And you know what. That decision is racist since most prisoners are minorities. President Obama, if he is a man and not a puppet, should rail against that Supreme Court decision. Congress, if their is anyone left honorable among them, should vote to defund the Supreme Court and pay the Clownster Judges minumum wage. Abolish the income tax too. Doug, Pepperell, MA.

    April 3, 2012 at 1:41 pm |
  11. John from Alabama

    Jack: It means that President George W. Bush taxcut need to go, and the loopholes that allows, GE, Bank of America, J.P. Morgan Chase, Goldman Sachs, and AIG to get a federal refund after making billions in profits is wrong. They complain that the corporate tax of 39 1/2% is to high, but start to close the loopholes, and watch the 1800 or so lobbyist start their magic to stop any closing of loopholes. The middle class is paying the bills for the government while the very rich pay no taxes. Wrong!!

    April 3, 2012 at 1:49 pm |
  12. Connie from Logansport,IN.

    It would mean if the Congress and the Senate were paying their fair share they would have to cut their vacations short to work 107 days.

    April 3, 2012 at 1:49 pm |
  13. Chris from Florida

    Jack – it means that there is a huge imbalance between those who pay and those who do not. It says what it says – "work 107 days". Millionaires and Corporations and Billionaires don't count that way, and they are the problem. The working class bear too much and the others way too little. The number would go WAY down if big corporations paid a fair share.....example given the oil companies with so many provisions in the tax code that exempt thier income. Make the paying base more inclusive, and watch the improvement.

    April 3, 2012 at 1:54 pm |
  14. riley oday

    It means we work 100 days longer so shareholders / companies can get richer instead of paying the taxes they should.
    They benefit the most from the federal government. My state/local government handles my needs fine.

    April 3, 2012 at 1:56 pm |
  15. Jenna Roseville CA

    What does it mean when you have to work 107 days just to meet your tax bill?

    It means that the wealthy and corporations are paying too little in taxes while using our services.

    It also means that we should re-think tax breaks to corporations that make profits in excess of the tax credits given. Our tax dollars do NOT belong in the pockets of "shareholders".

    Jenna
    Roseville CA

    April 3, 2012 at 2:01 pm |
  16. Charles, Lansing, Michigan

    It enables Mit Romney and his ilk to clip a couple coupons to pay their taxes. and keep most of their money overseas.

    April 3, 2012 at 2:01 pm |
  17. Bizz, Quarryville Pennsylvania

    Jack I don't mind paying my taxes, I honestly don't. But what gripes me about this whole tax situation is a multimillionaire running for president with accounts in the Cayman Islands paying less taxes than the average American. If situations like this were changed maybe we could get ahead a little and bring down the deficit.

    April 3, 2012 at 2:02 pm |
  18. Dan in Albuquerque

    Jack, it says that is less then other developed countries. .

    April 3, 2012 at 2:07 pm |
  19. Bill of New Mexico

    Makes you want to join the Tea Party!

    But the fact of the matter is that everything that we are enjoying is thanks to society.

    Without society we would be a pathetic animal at the mercy of the elements, the animals, disease, and aggressive humans.

    Instead of over 6 billion, there would be fewer than a million of us–assuming that we would not have went extinct without society.

    Having said how we owe all to society–how do we negotiate the dividing up of society's produce? This is the tough question that no one can solve.

    The Tea Party appears to believe that they own over 99% of the production–and, that we must have a strong military which the 99% must provide for.

    I think the Tea Party sees a reflection of the bone in their mouth in the water.

    If the Tea Party achieves their wishes, this fragile structure that we are not aware of will come tumbling down..

    April 3, 2012 at 2:08 pm |
  20. s in fl

    Guess I'll have to hold off on the car elevator, Jack.

    April 3, 2012 at 2:09 pm |
  21. Mark from New Jersey

    The average middle class citizen has to work 107 days. Those making over $250K have to work far fewer days. And Mitt Romney doesn't have to work at all. Like many in the 1%, his income was made by being in the comparitively small group controlling public policy so that the playing field is not only tilted, it now looks like the deck of the Titanic right before it went under. Most of us will work 107 days, and get less and less for it.

    April 3, 2012 at 2:11 pm |
  22. Jim

    Jack, Surely you were not referring to Corp CEO's, Mitt Romney, illustrous US Senators, Messrs Buffett, & Gates, the Executive Ranks @ Goldman Sachs, and those with assets of more than 5 million? If the taxes we pay as a percent of income were applied to all it would not be 107 days for the vast majority of us.
    Jim Los Angeles

    April 3, 2012 at 2:15 pm |
  23. Steve, Clifton, Virginia

    It means that the top 1 % income earners should be required to pay Federal taxes based on a 107 days of their average salaries/incomes.

    April 3, 2012 at 2:15 pm |
  24. Gordon from NJ

    I love this country and accept that I need to pay my fair share of the bills. However, I would like to know why Mitt Romney, Warren Buffet, the Koch brothers, and many other billionaires have paid off their their shares by the end of February.

    April 3, 2012 at 2:16 pm |
  25. Susan-NJ

    The problem with the taxes is the US givt will take the money and give it to someone who lives better than you do so they can live even better. Do you know you can collect welfare if you own a home? Then there is the the houses we have to buy because the bank was forced to give out a $400,000 loan to someone with no job, a stained credit report and no collateral. The banks love their part in all of this because they can get paid twice if the motgage is not paid and within about 2 years instead of waiting 20 or 30 years.

    April 3, 2012 at 2:19 pm |
  26. Loren

    It means our elected representatives no longer represent the voters, but represent the government, and we are too blind to see that. This is not a factor of the size of the population, but is the result of a fundamental change in our conception of what is appropriate for government to do. Until we realize that we don't need government to do all these things for us, we will continue to see that number of days we work the pay the tax bill grow.

    April 3, 2012 at 2:19 pm |
  27. pat in michigan

    It means I'm working and a whole bunch of politicians are freeloading.

    April 3, 2012 at 2:20 pm |
  28. Brad, Portland, OR

    It means the tax burden should be shifted away from the middle class, who have to work 107 days to meet their tax bills, to the wealthy, who can meet their tax bills in a day or less.

    Unfortunately the tax burden is actually shifting the other way: if you look at Paul Ryan's Republican budget, it's full of tax cuts for the wealthy, and tax increases and program cuts for the middle class.

    April 3, 2012 at 2:21 pm |
  29. Richard Texas

    While no one likes paying 29 percent of their income to the government what is the alternative other then to leave? I don't think most people are upset about having to pay the 29 percent. What I think is that they are upset at how our government wastes that money. People have to live within a budget. The government does not. That is why as a nation we are in debt up to our eyeballs. We have allowed politicians to destroy our credit rating and any future we might have once had. There is no filing bankruptcy and starting over. America has become a debtors prison.

    April 3, 2012 at 2:22 pm |
  30. Russ in PA

    It means that Americans are turning out to be as foolish as Europeans that have come to believe the "government" is the answer. Unfortunately, government continually proves that it is the root of all evil. After all, if politicians really wanted a fair shake for everyone, why do they still allow the Federal Reserve to bail out the rich at the expense of the middle class? As many people have initmated in the past, it's all about power and control. Are you all ready to be strip-searched in the near future???

    Ron Paul in 2012...

    April 3, 2012 at 2:23 pm |
  31. Nate

    It means nothing. It's a trumped-up factoid that's less meaningful than the sloppy, misleading & biased "statistic" it's based on. This 29% tax number was created by a special interest group and isn't even accurate–it's higher than what 80% of families actually pay! Then, what's the correlation between % of taxes paid and % of the entire year? What about work-free periods like weekends, mornings, evenings and vacations? And what about the 1%-ers who don't work for their income at all? Sloppy, sloppy, sloppy.

    April 3, 2012 at 2:24 pm |
  32. joshua currently in Memphis

    it means that Obama and the rest of the liberals don't get it. It's not a taxing problem, it's a spending problem.

    April 3, 2012 at 2:25 pm |
  33. Kevin in CA

    Ahhh ... it means I'm not a 1 percenter ?

    April 3, 2012 at 2:25 pm |
  34. Kim, Dodge City

    It means we are spending far too much on war and it's associated leaches, and not enough on infrastructure, health care, or education.

    April 3, 2012 at 2:26 pm |
  35. Pete in Florida

    It means you are wildly exaggerating, Jack,. For most workers in the U.S., there are 208 work days or less, per year. That means a 51% tax rate if someone is actually working 107 days just to pay their tax bill. When it comes to federal income taxes, most Americans actually pay less than 15%. You can add on the 6.2% FICA tax if you like, but most Americans get that back and more when they become seniors on Medicare and Social Security. State and local taxes vary widely, but it's misleading to imply that those are part of your federal tax bill.

    April 3, 2012 at 2:28 pm |
  36. Paul From Austin Texas

    It means that each year the days will increase on how many days you need to work. They want to take away things like medicare, medicade, food stamps, SSI, to name just a few. Yes all of us do not need the services but many do. The problem should be inforce proper use of all services and have strick inforcement and punishment of abusers. Work more pay more taxes and get less except spending for war. We can not remain the police of the world.

    April 3, 2012 at 2:30 pm |
  37. Michael Bindner, Alexandria VA

    Most people don't have to work that much. Indeed, some don't work at all because their taxes are on capital gains and dividends, not work – and their taxes are often too low – so low that there is an implicit incentive to increase these dividends and ship jobs overseas, with CEOs getting a bonus for doing so.

    April 3, 2012 at 2:32 pm |
  38. Gary H. Boyd

    It means that, considering the nation's $15+ trillion dollar national debt, we should have to work 207 days to pay our tax bill. The government is so deep in the hole they're simply dragging us down there with them.

    Gary in Scottsdale, Arizona

    April 3, 2012 at 2:32 pm |
  39. Ed from California

    It means, you're one the lucky 99% that still has a job. I wonder how many day's the 1% work, just to meet their tax bill? They pass all that on to us, by higher and higher prices. Mr. Boehner!!! "Where are the Jobs"??

    April 3, 2012 at 2:35 pm |
  40. Greg in Arkansas

    Kind of an awkward question when you figure that over 5 million Americans have been OUT of work for more than 189 days and would gladly exchange places with any griping gainfully employed taxpayer where they could trade their unemployment check for a pay check and be less of a drain on the government budget.

    April 3, 2012 at 2:38 pm |
  41. Ray in Knoxville

    It means that I am a productive member of society, Jack, who is working to help pay for the roads I use, the security I receive and the life I am able to live in what I consider the greatest country on earth. It's funny, but this country was conceved out of a fight against taxes and it has seen its citizens grumbling about, and fighting against, paying taxes ever since. From our earliest days of the whiskey rebellion, to the fight between mechants and farmers over tariffs, to the current complaints about taxes, it is an argument hundreds of years old. If we are lucky, American citizens will be having this arguments for hundreds of years more.

    April 3, 2012 at 2:43 pm |
  42. Tom in Desoto, TX

    What tax bill? Republican tax cuts took care of me just fine. My annual tax debt is fulfilled by lunch on the first working day of the new year. Republicans aren't concerned about roads, water, air, or education, etc why should I?

    April 3, 2012 at 2:45 pm |
  43. Larry from Georgetown, Tx

    That we don't pay enough taxes to support wars, give money to other countries and pay for major storms that cause billions of dollars in damage without borrowing money from China and going into debt.

    April 3, 2012 at 2:47 pm |
  44. Dave Laguna Niguel, CA

    Duh,, it means the government is too big and spends too much. Just think how long we would have to work to meet our tax bill if we also had to pay the trillion dollars the borrow each year!

    April 3, 2012 at 2:53 pm |
  45. David - Tacoma, Wash

    It means that something is rotten in the state of Denmark, or in other words in the state of our Denial. It means that government bureacracy and waste knows no bounds. It means that death still has a certain rival.

    April 3, 2012 at 2:53 pm |
  46. MNResident

    If some in the government had their way, that is 258 days too few (and they are going after February 29 every four years, as well).

    April 3, 2012 at 2:54 pm |
  47. barbara in nc

    What does it mean to you that you have to work fewer days than that to pay yours?

    April 3, 2012 at 2:57 pm |
  48. Pete in Georgia

    It means we are the most gullible taxed nation of sheep on this planet. And we keep electing the same thieves to office over and over again.
    Ever notice that April 15, Tax Day, is approx. equally spaced in time from our election day in November ?? Six months before, six months after, helping to make Tax Day a distant memory on election day.
    The Thieves don't miss anything. Everything in their manipulation of the masses is calculated.
    Absolutely everything.

    April 3, 2012 at 2:57 pm |
  49. JB from Nasville TN

    It simply means we need a new President ,and, we need to oust the REAL party of No ...the Democratic controlled
    Senate that refuses to pass any of the GOP bills. A Party (the Democrats) who haven't even passed
    A Budget in 3 years should be held accountable. Vote them out...imagine how that figure you mentioned, 107 days, will
    Increase if they remain in the Majority. Kiss your paychecks good bye!

    April 3, 2012 at 3:00 pm |
  50. Joe Fattal

    Means I am a government employee.

    April 3, 2012 at 3:00 pm |
  51. Larry from Georgetown, Tx

    Does Congress even "work" 107 days a year?

    April 3, 2012 at 3:06 pm |
  52. John Lake Charles, LA

    Since I'm on Social Security Jack, I don't have a tax bill. For those people stiil working I say this: the services you get are not free – that's why you pay taxes – deal with it.

    April 3, 2012 at 3:06 pm |
  53. Steve

    that I'm having fun 258 days of the year!

    IL

    April 3, 2012 at 3:06 pm |
  54. tom Bulger, Canandaigua, NY

    It means GE is paying no taxes. The tax records Romney is willing to show only have him paying 15%. Despite record breaking profits year after year, Big Oil demands Republicans protect its tax evasion loop holes. Who was it that said taxes are for poor people? I don't think it was a Koch brother, but whoever it was he was no patriot.

    April 3, 2012 at 3:08 pm |
  55. Michael "C" Lorton, Virginia

    Jack: If I could meet my tax liabilities working 107 days-–I would be fortunate and lucky--It takes me 107 days plus to meet my tax liabilities--and what does it mean-it means no good deed goes unpunished!

    April 3, 2012 at 3:10 pm |
  56. Ted

    That's nothing...I have to work 108 days just to buy gas for my car.

    April 3, 2012 at 3:13 pm |
  57. bonnie from NJ

    I wouldn't mind so much if my tax dollars were being used to help America and American citizens. Not to fund war (including the "war on drugs"), foreign aid, subsidize oil companies, bail out rich banks and Wall Street and most of all pay salary and health benefits for a totally useless government. Even the money that is being spent on us, such as education, way too much money stays at the top rather than go where it is needed.

    April 3, 2012 at 3:17 pm |
  58. Larry in Houston

    Good Question Jack – What does it mean when you have to work 107 days just to meet your tax bill?
    Since I'm 56 now – & drawing a Pension from where I used to work – I remember when this subject was discussed a lot of times, where I worked, years ago. The people I used to work with ( my co-workers) used to say after after the End Of April, is when we actually make money . In other words, It Took 16 weeks of 40 hrs per week – to actually Pay what the Federal Gov't ( + the State ) will end up taking from us, at the end of the year. 40 x 16 = 640 – In other words, It Took 640 Total Working Hours, to Pay The End Of Year Taxes. ( This included FICA & S.S. ) That's why we were glad when the end of April got here, Jack. It was All Our's, After That. Pathetic, Isn't it ?

    April 3, 2012 at 3:20 pm |
  59. Noel Sivertson New Mexico

    It means we are paying for vanity wars, wasteful subcontractors (there were 45,000 troops in Iraq last year and 65,000 contractors), and corporate subsidies and tax breaks. I woudn't mind so much if healthcare was included.

    But don't look for relief anytime soon. I pretty confident that soon after the election, no matter who gets elected, we will be invading Iran and we will end up working an entire half year to pay for it.

    April 3, 2012 at 3:22 pm |
  60. Gary in San Jose, California

    It means you're doing well because you're in a 29% tax bracket. During good economic times the number is closer to 120 days because incomes rise. I wouldn't mind paying 30% or more in taxes if we had more than a broken government and $15.6 trillion in debt to show for it.

    April 3, 2012 at 3:27 pm |
  61. steve c. in miami

    It means that working hard and doing the right thing gets you nowhere in this third world country.Our American dream was and is an utter fraud. Thanks especially to BUSHCHENEY

    April 3, 2012 at 3:30 pm |
  62. Don Desaulniers (Belleville, Canada)

    It means you have it easy in America. Up here in Canada, we have to work about 162 days in a year to pay our tax bill. The amazing thing is that Canadians don't whine about it. We believe that taxes are the price you pay for a just and caring society.
    By the way, our wealthy can't avoid paying taxes like the elite in America seem to manage. Something to think about, Jack.

    April 3, 2012 at 3:33 pm |
  63. Jim

    Jack,

    It means it's a privilege to live in America and it doesn't come cheap – well, okay, I guess it does if you're wealthy and Republicans are in power.

    Jim
    Reno, Nevada

    April 3, 2012 at 3:36 pm |
  64. Mycroft Lake Travis

    Jack, It can only mean, that your making decent money !

    April 3, 2012 at 3:36 pm |
  65. curtis in philadelphia

    I don't know what it means, but it tells me that you Jack don't pay taxes, because you don't appear top be working.

    April 3, 2012 at 3:41 pm |
  66. Dave, Orlando, FL

    Doing a quick calculation in my head, it means that I am in a much higher tax bracket than Mitt Romney. Now I just wish my income was in a much higher bracket, than his is.

    April 3, 2012 at 3:46 pm |
  67. Gigi Oregon

    We once worked until the end of May, so I guess we are better off. We'd really be well off if the Elite and rich paid a equal tax as the 91%. The problem is that's not our only problem. We have "We the People's" Representatives to busy working for lobbyist rather than for "We the people". Now we need to tell President Obama that we need for our next CHANGE to be... NO more bribing from corporate America and our godly churches, with our Government Officials... Now that it is out of the closet let's, do something about lobbyist. Can you imagine the money that is given to our Representatives...to work against "We the people".

    .

    April 3, 2012 at 3:47 pm |
  68. DT - Saint Paul, MN

    Well it means average Americans don't end up with very much liquid income. The entire lower and middle classes can't afford things. You have what... 50% of the population with needs going unmet? You have a billionaire and a thousand in poverty, and we listen to the billionaire Every TIme.

    When a gambler finally stops gambling, they still OWE. That's the problem with America. We're still trying to figure out how to stop gambling.

    April 3, 2012 at 3:48 pm |
  69. Mr. D

    They say the only sure thing is death and taxes. It is beginning to look like the former might be a better choice. What a country.

    April 3, 2012 at 4:00 pm |
  70. Karl in Flint, MI

    It means two things.
    1. Only people with jobs now are paying taxes at that rate. The rest are living off of them on unemployment and other assistance to stay alive while looking for work.
    2. The "working man's" tax rate is higher because the wealthy pay little or nothing, unlike rates when Bill Clinton was in the White House. Thank you "W".

    April 3, 2012 at 4:06 pm |
  71. Ed from Texas

    Maybe our taxes would be less if we didn't have to pay for all these wars. Oh, wait a minute. We haven't been paying for these wars, we've been borrowing the money. Sorry, never mind.

    April 3, 2012 at 4:11 pm |
  72. Ken in NC

    It means no grocery shopping for the first 107 days because Congress has to to get their pay first so they can go home and jerk off the people they were suppose to represent.

    April 3, 2012 at 4:13 pm |
  73. Nancy, Tennessee

    Government has become too big when it takes 107 days to pay your taxes. I don't think the founding fathers had this in mind when writing the Constitution. They revolted against taxes and worked to form a more perfect union. It has evolved into a complex mess that takes too much in taxes to support it. Ron Paul is on the right track about this – he just doesn't have enough steam to finish the race.

    April 3, 2012 at 4:14 pm |
  74. JOE

    It means we're being screwed. Poor people need to be paying taxes also.

    April 3, 2012 at 4:16 pm |
  75. Ken from Pinon Hills, California

    Go to your history books, it is the ingredients that make revolutions. It has happened to the best of Country's.

    April 3, 2012 at 4:27 pm |
  76. Dan from Stewartstown PA

    It means that the poor are subsidized by those who do pay taxes. Unfortunately, the largest percentage of taxes by earnings are footed by the middle class. The wealthy have bought tax breaks for themselves by using K Street and Madison Avenue to get the favorable tax laws they want and to make the average American feel good about being fleeced. So, Jack, what does it mean? We have a system that will fail due to unregulated greed if nothing is done to reform it.

    April 3, 2012 at 4:28 pm |
  77. marybeth, massachusetts

    Jack, it means I'm not rich like Romney. His tax rate is significantly lower than mine, he makes far more money than I do, and it means his Tax Freedom Day arrives a lot sooner–his probably arrives on January 2nd.

    There's something seriously wrong with the tax code that gives huge breaks and write-offs to the millionaires and billionaires and to corporations, but that takes far more from the working class. The rich have tax lawyers to devise shelters for them, and can buy politicians and lobbyists to write tax laws and revise the code so it favors them. The rest of us get nothing.

    April 3, 2012 at 4:38 pm |
  78. Michael, from Smiths, Alabama

    It means that the rich fat-cats are hoarding their wealth and forcing the average American on the street, that is you and me, to have to pay more on taxes than we pay for groceries and utilities. I'll applaud the day that Obama can change the law so those corporate fat-cats will have to pay their fair share, though if it were up to me, their 'fair share' would be 50% of their total wealth, not 30%

    April 3, 2012 at 4:42 pm |
  79. Rebecca from Georgia

    It means that people aren't earning enough to be able to break even in taxes. Its sad when the economy is so bad we cant take care of ourselves.

    April 3, 2012 at 4:42 pm |
  80. gord

    mitt racks in 56,000 a day and does not have to go to the office it only takes him 10 days to pay his taxes

    April 3, 2012 at 4:46 pm |
  81. Sylvia from San Diego

    Clear and simple it means that our taxes are too high..... Paul Ryan's tax reform proposal is a good start... We need to go to a fixed rate system soon!!

    April 3, 2012 at 4:57 pm |
  82. Pete in Florida

    t means you are exaggerating, Jack,. For most workers in the U.S., there are 250 work days, or less, per year. That means an overall 43% tax rate (not 29%) if someone is actually working 107 days just to pay their tax bill. When it comes to federal income taxes, most Americans actually pay less than 15%. You can add on the 6.2% FICA tax if you like, but most Americans get that back and more when they become seniors on Medicare and Social Security. State and local taxes vary widely, but it's misleading to imply that those are part of your federal tax bill.

    April 3, 2012 at 5:01 pm |
  83. Cliff Glass - Rego Park, New York

    As graduation rates from high school and entry into college are the lowest in decades, America has become a minimum wage service country. IWe're not overtaxed, we're only undereducated and undertrained

    April 3, 2012 at 5:13 pm |
  84. Onalee Williams, Lecanto, Florida

    It means I'm sick and tired of it. Millionaires and Billionaires don't have to work a day. Just like you said, last week Jack, if you won that entire lottery and invested at just a 3% return you'd make 8 million a year and never work a day in your life. So tell it like it is, only the poor working class have this problem. I'm happy for rich folks but I'm sick of them getting there on my back.

    April 3, 2012 at 5:19 pm |
  85. Jack - Lancaster, Ohio

    Mr. Cafferty:

    Of course you mean the Fenderal Tax bill but there are plenty others like state taxes, city taxes, sales taxes, local school taxes and since you idenfied that not all states are equal in taxpayer treatment, there may be others like licenses and fees and such...how many more days would those add ? I like the "Jimmy Dean" sausage marketing montra that applies here, "Wer're gonna treat you so many ways, you're bound to like one of them"! I think sausage wins !

    April 3, 2012 at 5:29 pm |
  86. andy Lynn, MA

    I'm making more money than the government thinks I should. It also means that I am a Democrat.

    April 3, 2012 at 5:37 pm |
  87. Nick @ Mammoth Lakes, CA

    I wonder how long Mitt had to work to pay off his tax bill. Right, he lets his money work for him. What does it mean? If you get your money's worth, does it matter? Most of my federal income tax goes to.... Defense, VA, military retirement, etc... about 34%... Health care for other people (Medicaid, unfunded medicare, etc) about 22%... So, no, its not worth it.

    April 3, 2012 at 6:43 pm |
  88. John Flynn

    It means socialism is here to stay and if you work you are a fool

    April 3, 2012 at 8:09 pm |
  89. George in PA

    It's 107 days now with a 15 Trillion dollar National debt. What will it be if any serious attempt is made to balance the budget going forward?

    April 3, 2012 at 8:23 pm |
  90. Jane in CA

    It means that the country is falling down around our ears. Transferring an ever increasing percentage of national income to fewer people and then cutting their tax rate to 1/3 what it used to be means that the infrastructure we need to maintain our standard of living cannot be maintained. We are already dying sooner and turning paved roads back to gravel. Next stop outhouses for all, along with the typhoid that comes with it.

    April 3, 2012 at 9:53 pm |
  91. Tom, Montana

    And that's not even counting sales and property taxes. In addition, if you've owned your home in a nice area say for 30 or more years, the property's value and thus the taxes on it have usually skyrocketed way beyond the increases of your income of that period. Then you can literally get property taxed out of your own home, for something that has nothing at all to do with any cash flow. America's tax code is not just a disgrace, it's really, really sick!

    April 4, 2012 at 7:06 am |
  92. Julia, Fayetteville, NC

    1. You should move. 2. You should make more money. 3. Why measure your output of freedom and its cost if you aren't going to measure your input of liberty and its value. 4. TAKE A TRIP TO A THIRD WORLD COUNTRY.

    April 4, 2012 at 10:39 am |
  93. Bubba from DFW

    That we are still in Salvery!

    It all begin with the War Powers Act to finance world war one. And during uncle George Bush time as President we started two wars. Then he gave everybody a tax break (with no idea on how to pay for the war). Now the Republican fools want to extend tax breaks to the Rich for their mistake an blame Obama for the deficit problem. Change their commitment on what I paid into Social Security and Medicare and now want all my remaining dreams.

    If it takes me 180 days to pay my taxes, it's ok if this is my fair share as long as everybody including the super rich does the same.

    Socially responsible companies will continue to invest in America. Those that don't will find them some new Slaves.

    April 4, 2012 at 11:31 am |
  94. David of Alexandria VA

    It means that you should pay more attention to what you pay and what the various governments do with it - and less time worrying about what the other guy pays. We all think we pay too much, that our fair share should be less. The way to do that is to keep a leash on government outlays, not let government get away with simply saying they are trustworthy stewards if your money, and not assume that the problem must be someone else not paying their "fair share."

    April 4, 2012 at 12:01 pm |
  95. Deb in MT

    It means I'm not lucky enough to pay Mitt Romney's 14% tax rate. Maybe I need to have my paychecks go directly to the Cayman Islands to hide (but, I doubt they'd bother with my pittance)?

    Or–as the article suggests–perhaps my family's tax 'burden' could be reduced if the top 1% people actually paid the rates they were supposed to! *Gasp* Horrors* Imagine that!!

    (Jack, I don't think that would reduce my family's taxes–and we're happy to be able to help our fellow Americans with our tax dollars, by the way– but at least I'd feel more like we were all contributing and had a real stake in the nation's financial health. An increased sense of fairness, in other words....)

    April 4, 2012 at 12:41 pm |
  96. Mike S., New Orleans

    It means you're paying a higher percentage of your income in taxes than the "job-creators" – formerly known as "The Rich". It means you're not one of the 1% who believe their wealth actually trickles down to the middle and lower classes. That's how they sleep at night, under their picture of George Bush. Jr., dreaming of more tax cuts for the wealthy.

    April 4, 2012 at 12:48 pm |
  97. Josh from New Orleans

    Its means that I have to work long and hard to keep my bosses from paying less taxes and enjoying the spoils of class warfare.

    April 4, 2012 at 1:45 pm |
  98. Greg in Arkansas

    It seems just a tad bit unfair that I have to work 107 days to pay my taxes on my meager hourly earnings while General Electric managed to ...."work"..... 365 days and pay NO taxes while earning 14 billion and then get a 3 billion dollar tax credit......guess I just need to be rich to avoid taxes.....just one question......How Do I Become Rich???

    April 4, 2012 at 1:54 pm |
  99. Kirk (Apple Valley, MN)

    I guess it means we have to work an average of 107 days to pay the taxes that aren't being paid by the top 1%.

    April 4, 2012 at 2:14 pm |
  100. Ken from Pinon Hills, California

    For one, it means we spend a lot of money tearing down, and then rebuilding other nations. I have a hunch if the tax dollars stayed home; and was spent on our own needs there would not have to be a question like this.

    April 4, 2012 at 2:25 pm |
  101. John from Alabama

    Jack: I have never complained about the federal income tax, corporate tax, estate tax, state income tax, or property tax. I will not start now. I am the luckiest person in the world to live in such a great nation. I just want want to know the tax rules before the game begins. What is a legal deduction and what is not a legal deduction? I do not like the property tax my younger sister has to pay, but than that taxes are fine.

    April 4, 2012 at 2:41 pm |
  102. Paul - North Carolina

    It means that far too many people are foolish enough to work for a living and paying the full tax burden on what they earn. If more people simply lived off investments, or worked for hedge funds, or were CEO of a private equity firm they could deduct "cariied interest" or pay taxes at the capital gains rate we could cut that down to 60 days in no time. Then, when the Ryan Plan is enacted we can cut it to thirty. Oh, what a wonderful world. If you're already rich, that is.

    April 4, 2012 at 2:58 pm |
  103. Richard Page Rapid City, SD

    as i see it Jack, it means that i work 107 days for absolutely nothing.

    April 4, 2012 at 3:04 pm |
  104. mycroft lake travis texas

    Easy one Jack, "It means" that your making pretty good money and not suffering, but not enough money to get those huge tax breaks afforded to Big Oil, certain corporations and the Richest 1%. The USA, a country you used to be able to show how well you were doing by examining your tax bill.

    April 4, 2012 at 3:08 pm |
  105. TomInRochNY

    It means some people are getting too many deductions and most others aren't. How about we get rid of all those carve outs, subsidies and loopholes? Oh, wait, that won't fly with the Norquist crowd. I guess we'll have to wait for 2013 and hope we elect people who live in our reality. Or, wait for our economy to crumble around us. Either way taxes will go down in the end.

    Tom, Rochester, NY

    April 4, 2012 at 3:15 pm |
  106. Sil Bucci

    Well, it doesn't feel good, however if we want all these perks (tongue in cheek) that the government gives us we got to pay even though we're only getting about 30 cents worth of services for every dollar we give them.

    April 4, 2012 at 3:17 pm |
  107. kim smith, Dodge City, Ks.

    It means our Congress is clueless, our President powerless, and our people hopless. If only the people had their own lobbyist. Wait a minute, they do, and he's called a president. Anybody seen one lately?

    April 4, 2012 at 3:28 pm |
  108. Larry,Springfield,Ohio

    Jack,it means the democrats control two thirds of the federal government!

    April 4, 2012 at 3:35 pm |
  109. David M - New Hampshire

    What would be nice – but will never happen – would be if every single member of Congress had to fill out their own 1040, using only the instructions, with no outside help. Probably 80% of them would be audited, and /then/ we might see some changes in the tax laws. Of course, it would also be nice if Congress actually learned the meanings of the words "income", "spending" and "balance", but that's highly unlikely.

    April 4, 2012 at 3:43 pm |
  110. Janne from NC

    It means the tea party needs to party a little harder!!

    April 4, 2012 at 3:53 pm |
  111. Patricia Madison

    It means you are the working have nots.

    April 4, 2012 at 3:54 pm |
  112. Randy

    It means that the rich and corporations that shifted the tax burden onto the middle class and poor in the last thirty years through republican economics are laughing all the way to the caiman islands.

    April 4, 2012 at 4:02 pm |
  113. Annie, Atlanta

    It means we live in a civilized (or at least nearly) society where we have paved roads, a system to make sure our water and food are clean and an electrical system that is safe, a postal service, safety regulations to make sure we don't get maimed at work, building codes to keep us safe, police and firemen, teachers, public sanitation workers, and on and on. The only thing I hate about it is paying for corporate socialism, war, and Republicans in Congress to either do nothing or take away our rights and our social safety net while living on government handouts. The hypocrisy is stunning.

    April 4, 2012 at 4:04 pm |
  114. Stevareeno

    It means you have a job.

    April 4, 2012 at 4:05 pm |
  115. Jim Charlotte NC

    Maybe it's because we support too many other countries in the world with our Military. I guess we should adopt whatever China does. They pay people their $360 a month and we don't hear them crying.

    April 4, 2012 at 4:05 pm |
  116. John

    It means we're paying too much for what we get. Like billion dollar planes and million dollar tanks. I've come to realize that the defense industry isn't so much working to protect my freedom as they are working to cash in on it. Haliburton ring a bell?

    April 4, 2012 at 4:05 pm |
  117. richard a. winkler

    It means the very wealthy are not paying their fair share in taxes, and Ryan and Romney want to give the wealthy more tax breaks.

    It means don't vote for any Republican!

    April 4, 2012 at 4:09 pm |
  118. Guilty As The Rest Of Us

    most people don't pay anywhere near that. this is fearmongering of sorts based on grouping completely dissimilar groups. after exemptions, etc.. most people end up paying very little federal and state tax. Not to mention people don't work 365 days a year. Most people work closer to 220 days a year based on a 2000 hour work year, excluding vacation. So 107 days would mean people were working nearly half of their life to pay their taxes. If you believe that, then I have some oceanfront property to sell you in Southeastern Kansas.

    April 4, 2012 at 4:09 pm |
  119. Ron Lambert

    Jack,

    The corporations and big oil companies dont work that many days to meet their tax bill, neither does mitt romney iwth his 15%. only the working men and women who really need the money seem to have the highest ratio of income tax liability.
    I hope Americans start to realize that the President is serious when he says the Republican budget and tax agenda is a form of "social darwinism" Survival of the fittest is fine for animals, but IM AN AMERICAN, and I support everyone pitching in and helping out, everyone paying a fair share. Anything less and we might as well be some other country.

    sincerely,
    Ron Lambert
    Miami FL.

    April 4, 2012 at 4:10 pm |
  120. Chuck

    It's going to get much worse with the amount of money that Obama is adding to the national debt.

    April 4, 2012 at 4:10 pm |
  121. Michael Chapel Hill

    There are quite a few who do not want to work but get paid. A flat tax on all who earn more than $24000 is reasonable.

    April 4, 2012 at 4:10 pm |
  122. Thom Richer

    It definitely means we are taxed to the limit. I assume that you are only talking about meeting our State and Federal Income Taxes and not all our other fees and such? But even if ALL our taxes are included in the 107 days, it is still a great burden and quite wrong. Especially when you have to take into mind that there are, supposedly, at the max, only 260 working days a year and that does not take into account holidays and vacation time off. So, that leaves only 153 work days left if a 5 day week is what is being used as a normal work week. Doesn't leave much in our pockets.

    Thom Richer
    Negaunee, MI

    April 4, 2012 at 4:10 pm |
  123. Bruce from Santa Cruz

    It means that we are members of a society that understand that each should give according to their ability. When I hear billionaires whine about taxes it makes me sick. If the taxes are raised, they will only be able to support 12 generations of their family instead of 13. Boo-hoo. They have it so hard.

    April 4, 2012 at 4:11 pm |
  124. Guilty As The Rest Of Us

    Seriously whoever puts out numbers like this "107 days" figure needs to justify some of these claims with actual numbers. CNN at the very least should consider basic math before propogating this sort of thing.

    April 4, 2012 at 4:11 pm |
  125. Brian Wickremasinghe - Woodland Hills

    It's unfortunate that the tax system for society is decided by the very rich. Obviously they would try to look after themselves. It is equally unfortunate that I have no control over it. So why fret ?

    April 4, 2012 at 4:12 pm |
  126. Larry Feierstein-Denver

    It means that until we can find honest politicians who want to clean up the tax system and tax codes, this does not end. We keep talking about but nothing is done. Will someone ever step forward? Don't count on it as long as we have this political system in place

    April 4, 2012 at 4:12 pm |
  127. Melina - Gilbert, AZ

    It means the tax code is long over due for a make over. It is too big and too complicated. You need to understand how to read legal documents just to understand how to read the form instructions. Most Americans cannot understand how to do them on their own. Everyone needs to pay their fair share, that means low income as well as high income. The amount you pay should be proportional to the amount you make. The other side of the problem is the need to reduce redundancy in the Gov't and make it run more cost efficient. That way our tax dollars are not wasted.

    April 4, 2012 at 4:12 pm |
  128. Onegood1

    Excuse me I couldn't resist. This year 2012 the liberal myth about "Bush tax cuts for the rich" will be exposed, as the Bush tax cuts are set to expire. There will be much wranglng in late fall, but the truth is that the Bush tax cuts were for all tax payers across the board; and in fact, "the rich" got the smallest percent decrease. If things keep going as they are, we will soon spend half the year working to pay taxes on what we are working on, and the deficit will keep growing anyway.

    April 4, 2012 at 4:14 pm |
  129. Charles May

    It means I'm a committed particiant in the society where I happily choose to live...while I may not approve of how every tax dollar that is spent, I know I'm proud to be helping to provide for the common good...from defense to Medicaid.

    April 4, 2012 at 4:15 pm |
  130. Lucy Irish from Montana

    Jack,

    I'm sad to say, it means we are beholden to THE MAN, but THE MAN is not longer beholden to us! Whatever happened to economic freedom in this country?

    April 4, 2012 at 4:16 pm |
  131. Jack In Silicon Valley

    I would like to see our country pay the bills it has racked up over the base 20 years. I am willing, as a middle class American, to absorb more in the way of taxes. If the Republican party has it's way, folks like me will have to do it alone; it would be nicer if the people who got rich over that same period could help pay the bills and bring down the debt. Maybe together, we could have it all paid off by... 2045?

    April 4, 2012 at 4:17 pm |
  132. EMStoveken

    What does it mean? Nothing. It's arbitrary, symbolic nonsense. Especially since my take home does not change.

    Now, perhaps a more disturbing way to illustrate the same principle would be to say that every single day you go into work for an 8 hour day, you are not putting money in your own pocket until you have been there for 2 hours 20 minutes. Even more depressing and just as irrelevant.

    I wouldn't care about what I pay in taxes if I agreed with what my money was being used for. If we had an education system that I was confident sending my kids to and a health care system that worked or good public transit, then I would be fine with working those 140 minutes a day to pay for those things.

    April 4, 2012 at 4:17 pm |
  133. Dustin

    Freedom, protection, equal rights, infrastructure, and the ability to reach your full potential is exspensive. Money well spent if you ask me.

    April 4, 2012 at 4:18 pm |
  134. Dennis Smith

    Evidently your fact checkers don't work. Avg worker works 2080 year with translates into 260 work days at 8 hours. At 29%, they work 75.4 days.

    April 4, 2012 at 4:21 pm |
  135. Rajiv Shaw, Mt. Pleasant, UT

    I have always worked with someone else's hand in my wallet, but 107 days is ridiculous!

    April 4, 2012 at 4:21 pm |
  136. Williiam

    The 107-day figure apparently includes all taxes such as social security ? This is a misleading statistic if one is lead to believe this is income tax alone.

    April 4, 2012 at 4:21 pm |
  137. Moby49 Detroit

    Jack, it only takes me 45 days to pay off my taxes due to my large medical insurance bills. As they say it can always get worse.

    April 4, 2012 at 4:22 pm |
  138. Greg Rockford, IL

    The 107 days of work assumes that people work 7 days a week the whole year round so that number is not accurate. Assuming people work five days a week and get a 2 week vacation (even excluding holidays) most full time employees actually work 250 days of the year. Thus, if they pay on average 29% of their income for all taxes, they actually only have to work 72.5 days to pay their taxes, not 107.

    That being said, taxes are too high. The fairest tax is a gradual progressive one where people pay a small percentage on the first 20k of income, then a slightly higher percentage for the next 20k of income up to 40k, etc. The highest rate would be 35%, for instance 35% of any income over 2 million of so. This way, the superwealthy pay their fair share and even the low income person pays a little. Shared responsibility, shared sacrifice.

    Finally, still waiting for someone to explain to me why there should be tax breaks for multinational corporations who earn billions per year.

    April 4, 2012 at 4:22 pm |
  139. Sirned

    It means I have joined in a social contract with my fellow Americans to do my share in making this country run for all of us. I drive on highways, I help pay for our soldiers, I help pay for my parents Medicare, I help pay for my mentally ill sister's Medicaid and food stamps, I help pay for the post office , the veterans programs, the head-start programs.. You get the drift... And I'm honored and proud to be part of this country and it's system of a compassionate Government.....All I ask is use my money wisely

    April 4, 2012 at 4:23 pm |
  140. Dylan

    Your calculation is entirely wrong, and as usual, manipulated for shock effect. 29% of most people's work days in a year is 75, not 107. Additionally, as tax brackets go up so do eligible deductions. The problem is not that taxes are too high or too low (tho they're currently at lowest level since the '50s). Rather, people contort the law to deduct things they shouldn't. Nobody wants to pay taxes. I don't blame them. On the other hand, we all want services, infrastructure, security, order and a system of support. We like our standard of living, so we better get used to the idea of paying for it. If we want less taxes we're going to have to learn to make do with less.

    April 4, 2012 at 4:23 pm |
  141. James Seidman

    Is the 107 days figure right, Jack? It looks like you took the stat about 29% of income going to taxes and multiplied that by 365 (which only gives ~106 days, but close enough). However, the standard work week is only 5 days/week, which, if applied for all 52 weeks/year, only gives 260 work days. So to be fair, if we really want to estimate the number of days people need to work to pay their taxes (without including time off for holidays, which not everyone gets), it's 29% of 260 days, or ~75 work days. Still a lot of working just to pay taxes, true, but about 30% fewer days than you estimated.

    April 4, 2012 at 4:25 pm |
  142. Jim Sarna

    So I work a third of my life to pay taxes while Mitt the Twit and people like him work (loosely defined) a fraction of that? If I have to work so long to pay the taxes, why don't people on welfare and other public assistance need to perform some service to the community to collect the benefits of those taxes? I'm not talking about those who are unemployed, who should be working 40 hours a week to find a job but those who've been sitting their fat asses on welfare rolls as a way of life while the rolls on their stomachs get larger.

    April 4, 2012 at 4:26 pm |
  143. dib28

    Only 107? If the Dems had their way it would be more like 214.

    April 4, 2012 at 4:27 pm |
  144. Greg DiGiorgio

    What does it mean when you have to work 107 days just to meet your tax bill?

    The 107 days of tax payments means I have fewer days of earnings per year that I can apply to things like a new car payment, mortgage payment, home improvements, higher education funding for the kids, retirement savings for my wife and I, and day-today expenses like groceries, gasoline, insurance, and entertainment and recreation.

    In very real terms, it means – no new car for the foreseeable future, though my newest car is now 7 years old; no home improvements though I have needed a new roof and a new HVAC system for the last few years; no college savings for the grandkids; less dining out, and shorter and cheaper vacations.

    ========
    I live in Newport News, VA, which is in the southeast section of Virginia known as Hampton Roads.
    ========

    April 4, 2012 at 4:27 pm |
  145. Jo

    I like and appreciate what my taxes does for me and my country....I would pay more....

    April 4, 2012 at 4:27 pm |
  146. newsy97

    It means that the cost of maintaining a GREAT Nation is an expensive proposition. And, because we allow ourselves the ljuxury of extravagant spending on foreign goods, the resulting loss American jobs saddles us with a shrinking base of taxpayers. Fairly simple problems with extremely omplex solutions

    April 4, 2012 at 4:28 pm |
  147. george washinsen

    The problem is not that the few who chose to work are paying the bills so the other half or more can sit back in goverenment provided pads and will never work.We have 6 generations from cradle to grave and the rest will never be able to keep paying the bills. When we have to import people from South of the border to pick our veggies and fruit we are in trouble.Problem is we have too many at the government trough that refuse to work for the low wages but are not too proud to let the Mexicans do it.Drug business could not survive in inner cities without the government money every month.Why is that the rabble rousers never show up unless it is a big media event where the wheel s can squeak the loudest.

    April 4, 2012 at 4:29 pm |
  148. QS in Seattle

    Jack,

    To me, it seems to indicate that while cost of living and taxes have increased over the past few decades, wages have not.

    It's not a matter of being over-taxed, it's a matter of at least 90% of the population not making enough at their current job or career to cover all the extraordinarily high costs of day-to-day living.

    And while Mr. Billionaire Rubenstein may think he pays his fair share, I would hazard a guess that he is still stashing as much of his money away in offshore accounts and tax-haven countries that he can!

    April 4, 2012 at 4:29 pm |
  149. Steven Bradley

    Jman,
    People who don't work and complain they pay too much tax on their gambling (stock trades) and dividends are the problem. Greed, gluttony, covetise, and Wall Street's out-sourcing of America are all the same – the damning of America. The easily deceived now use "Don't tread on me" instead of the "Stars and Bars" but the ideology of the poor fighting for the rich remains. Shame on them this time. How can they claim to be patriotic yet vote to dismantle the ideal that all men are created equal?
    Albany, NY

    April 4, 2012 at 4:29 pm |
  150. HenryMiller

    What does it mean when you have to work 107 days just to meet your tax bill?

    It means you're being robbed blind by a thieving government that does little but waste your money. It means you're working hard so welfare bums who pay no income tax at all and celebrate Tax Freedom Day and New Yeats Day at the same time can live easy lives on your money.

    And "fair share?"

    Are the 47% who pay no income tax at all paying their "fair share?" Yeah, right. Useless parasites... And the unbelievable gall of a President who tells the top 5%, who pay 90% of all the taxes taken by government, that, in order to pay their "fair share," they must pay even more outrageously.

    The power to tax is the power to destroy, and the federal government seems to be doing its best to tax the country to ruin.

    April 4, 2012 at 4:30 pm |
  151. lisa, N.J.

    It means the the government is wasting too much of our hard earned money. The government has no right to demand that hard working Americans work over 3 months per year to support all those who don't work.

    April 4, 2012 at 4:30 pm |
  152. Steve Smith

    You can't have it both ways folks. If you want and think we need a liberal society then lets all chip in and stop complaining. But when we all realize that it's not going to work, then who do we blame?

    April 4, 2012 at 4:31 pm |
  153. sonny chapman, Villie Platte,La.

    Isn't that called the price of living in this country ? If the Rich, I mean the Job Creators, think that they can get a better deal in another country, then "unleash the Free Market Magic & move.

    April 4, 2012 at 4:31 pm |
  154. Bill (Louisiana)

    Jack

    I live in Louisiana. Dpending on where you live in Louisiana your sales tax varies. LA Sales Tax is 4%, but if you live in New Orleans tack on another 5% that is not provided during that so called tax holiday. Everything is taxed in Louisiana.

    Middle class folks are hit the hardest because they don't qualify for food stamps and medicare or medicade as we know it. Single people like those graduating and not married and senior citizens who lost their spouse are also hit pretty good.

    My family makes about 100,000 a year. We pay roughly 20% Federal Tax, 5% state income tax, state and local sales tax of 8-3/4% and we have the so called Payroll tax for social security of 4.2% and medicare about 1.5%. So if you don't put a good chunk of your pay into a 401K tax deferrment plan. You can easily add up the numbers. Also if you own a house in Louisiana a typical middle class home property taxes would run between $1500 and $3000 a year or up to 3%. How about the gasoline taxes paid to get you back and forth to work and believe me that is all I use my car for, typical traveling distance can be about 20-60 minutes each way 5 days a week. No wonder most Americans are over weight, we have couch potatos on the weekends if you know what I mean. If you wan t to go anywhere other than jogging around your home it cost bucks. Also if you go to a sit down restaurant you are obligated to pay a waitress a gratuity of 15-20% of the cost of your meal because the owners won't even pay them minimum wage. Americans ought to sit down and put a list of where all their money has been going and a reasonable buget together to cut out some of the waste too. President Obama is not the fault of the economy, neither was President Bush. I blame the Congrss and Senate for the past 50 years who could not come up with budgets and laws and regulations that middle class americans can live with instead of the 2% rich and 20% poor. The rich will always become richer, the poor about the same thanks to social services, and the majority of the middle class are heading for the poor house.

    April 4, 2012 at 4:33 pm |
  155. ernie

    I'd be willing to bet Mitt Romney only goes 60 days or less to meet his tax burden even though he earns one hundred times what I earn.

    April 4, 2012 at 4:33 pm |
  156. Kingsley

    Jack, I think of what I get for that 107 days of work. The Interstate Highway System, the FAA, the EPA, NOAA, NASA, Medicare, Medicaid, Social Security, and a public education system just to name a few benefits. Then I think about how many days people in Sweden, Germany, or Denmark have to work to pay their taxes and what they get in return. As good as the return on our investment is, most of those countries get even better returns. Bottom line: You get what you pay for.

    April 4, 2012 at 4:33 pm |
  157. economicsgenious

    It means your doing what ever you can to find a way to complain about having to pitch in to make your country what it is. How many days do you work to pay the interest on all your debts? How many day's do you have to work just to put food on the table for a family? How many days do you have to work to earn absolutely nothing in savings because of low wages and the cost of living? 365. The funny thing is, it would be a lot less if more people had jobs and were able to pay into their tax system instead of draining it in unemployment or assistance. Maybe if some people would create jobs instead cutting them for personal gain we wouldn't have this problem now would we?

    April 4, 2012 at 4:34 pm |
  158. John in WNY

    Connecticut, New Jersey and New York's tax freedom day isn't later because the incomes are higher, like your story indicates it's because taxes are higher!

    As for wwhat it means to me that I work for the government 30% of the year? It disgusts and annoys me, especially when you realize how large a percentage of the population not only don't pay any income tax, of which a significant portion of them have a so called "negative tax burden" which means they get money back without ever having to pay into the system (or get more back then they did pay into the system.)

    April 4, 2012 at 4:36 pm |
  159. RLK

    It is very disheartening. I understand that the average American pays $6k per year in taxes and I paid over 30x that but I supposedly haven't paid my fair share? I don't even have kids. I probably use less resources than the average American and my sales last year created 5 new jobs that are high paying. Makes me think I should just make less and not create jobs. I've always voted Democratic but this really gives me pause.

    April 4, 2012 at 4:39 pm |
  160. Joseph, Los Angeles CA

    Just think about how many days it would be if taxes were high enough to actually cover our spending.

    April 4, 2012 at 4:41 pm |
  161. Jeffer65

    from Wisconsin
    It means our government our spends too much, wastes too much money. Cut the defense budget, find the fraud, make Congress and the President work for minimum wage. Cut foreign aid, close tax loopholes, no more tacking earmarks and funding for pet projects on other bills. No more nation building.
    It also means that things are too late for the USA. We're finished.

    April 4, 2012 at 4:41 pm |
  162. Ed in Reno, NV

    It means you're part of the 99%, in other words, the people who actually pay taxes.

    April 4, 2012 at 4:41 pm |
  163. ConeyIslandBaby

    Americans need to work 107 days to pay their taxes so that Millionaire Hedge Fund Managers like Mitt Romney only have to work 107 minutes to pay their taxes. Keep lowering the tax rate for Millionaires again and again, and pretty soon Middle Class Americans will have to work 365 days a year to pay their taxes.

    April 4, 2012 at 4:44 pm |
  164. John from Oregon

    It means I am a fortunate person to be a citizen of a Nation that sees clearly that we are in this together (our Founders called this Commonwealth). My father was in a 50% tax bracket in the 1960's and saw it as a privilege to work in an environment where possibilities were endless and individual responsibility dictated paying a share that was commensurate with keeping others from falling through the cracks. Unfortunately 'personal responsibilit' has been turned on its head by those among us who sell that idea as 'everyone for themselves' as if every unfortunate person is responsible for their plight. It is ridiculous to tell someone to pull themselves up by their bootstraps when noone in their family has owned a pair of boots for two or three generations. Warren Buffet is a living example of a simple truth...our Founders envisioned a progressive tax system so that the playing field could be leveled for those who can't even see the starting line because they have been held back by cicumstances beyond their personal control. An educated, healthy population is a guarantee for productive nation and society and without the revenue to accomplish that, our collective will (elected government) is unable to accompolish either.

    April 4, 2012 at 4:44 pm |
  165. Burbank from CA

    It's not rocket science, Jack. It means we need to instate a flat tax for everyone, no matter how rich or poor (the poor already have social services paid for by taxpayers) with no loopholes, no exceptions. That will force both the rich and the poor to contribute their share. I'm sick and tired of being punished for being white and middle class and expected to carry the whole world on my back!

    April 4, 2012 at 4:45 pm |
  166. homer

    I knew I was never "average". I am sorry but I pay 50 percent of my income for rent. With food, transportation costs and other things, I am lucky to get by with 70 percent of my budget. Nobody wants to pay taxes but how else are we going to fund the level of government so many of use demand?

    April 4, 2012 at 4:47 pm |
  167. scott

    no one wants to pay taxes, especially 29%. but everyone wants most of what taxes pay for. the better question is how many days do you want to work to have a military, to have streets and highways in decent repair, to have government agencies that regulate transportation systems, to get your trash picked up and on and on and on. it is easy to word things in a way to cause everyone to complain, i wish i got paid to do the same.

    April 4, 2012 at 4:48 pm |
  168. DrFistington

    What does it mean when you have to work 107 days just to pay for your taxes?

    It basically means that I have to work 107 days so that politicians can take home higher paying saleries than myself, while at the same time getting millions in campaign contributions. It also means that I have to work 107 days so that other people can get free healthcare, tuition, unemployment, food stamps, and everything else they need to survive without having to hold down a job of their own.

    Honestly, those 107 days are basically forced charity...except I can't write off my taxes as a charitable donation, even though they are being used as such.

    April 4, 2012 at 4:48 pm |
  169. joan

    What it means is that the government uses my money inefficiently on just about everything they do. It means too many people pay no taxes at all and there are more and more dependent upon my income rather than their own. It means there is too little accountability and efficiency in federal government.

    April 4, 2012 at 4:50 pm |
  170. Troy

    Hate to break it to you, but you don't actually work all 107 days since the new year. A lot of those are public holidays or weekends. It's a lot closer to 70-75 days, nowhere near as sensational as your number.

    April 4, 2012 at 4:51 pm |
  171. Scott

    Jack – as a Canadian working and living here in the US, Tax Freedom Day in April would everyone back home celebrating and drinking champagne in the streets! In Canada we’re not free of taxes until late in June – but this surely because of our socialized medicine. The US has a lot of challenges to address, including taxes, but the debate would be enriched with more informed perspectives about taxation rates around the world for elected officials and citizens alike.

    April 4, 2012 at 4:51 pm |
  172. Mark

    This is a false argument. If you have a job, then you are making money and pay taxes on what you earn. You don't earn because you have to pay taxes. You pay income taxes if you are lucky enough to earn. A plurality of the public gets a refund because they overpay their taxes during the year.

    April 4, 2012 at 4:52 pm |
  173. Henk in Colorado

    What does it mean that we have to work 107 days just to pay taxes? It means that you have to count your blessings it's only 107 days. The November elections likely will change that. But of course only for the 51% of this country that do pay taxes. It won't make a difference for the remaining 49%, but they can only hope.

    April 4, 2012 at 4:54 pm |
  174. Broke aint a joke

    I would say this statistic of working 107 days to pay your taxes reflects more on the reduced salary/wage jobs employers offer out there (mostly without benefits) rather than too much taxing......With the pool of unemployed to pick from, employers can put up any type of number for a wage and there'll be some taker for it......that or it gets outsourced, either directly to India or China or an H1-B visa holder takes the job in America.

    April 4, 2012 at 4:54 pm |
  175. lucy from houston

    I hate taxes as much as anyone, but paying them means we get to live in the U.S. and have the freedom to go where we please with good roads to drive there on, the most impressive national park system in the world, the freedom to say what we think, the freedom to vote for the candidates of our choice, and much, much more. That's all worth paying something, isn't it?

    April 4, 2012 at 4:55 pm |
  176. Steve

    Jack... The 107 number is highly misleading for a few reasons:

    1) This imaginary 107 number assumes American's work 365 days a year. Assuming Americans work 5 days a week x 52 weeks = 260 work days... Minus 2 weeks vacation (10 work days), lets just call it an even 250 work days, of which you would work 72.5 days rather than 107, if that's infact how taxes typically work... but they don't which leads me to...

    2) Next, there is an implication that the 107 number (or even the more realistic 72.5 number) are somehow full days Americans work without money going into their pocket, when it is always still a percentage of income earned over a calendar year. It's not like the days worked from January through March are somehow pro bono or the government makes you work for free.

    3) Taxes pay for stuff we use. It pays for the roads we drive on, the military that protects us, the education of our kids, the setting of safety standards in things from foods to airplanes, the protecting our environment, etc. These are things most people like. It ain't free. A large part of the reason I was not walking through 20 miles of backwoods on the way to work, not being attacked along the way by a foreign army was because of taxes that were paid. You could argue to what rates and services are appropriate, though even if the rate (and respective services) were 1/2 of what they are, people would still say you work 53 1/2 days rather than 107.

    April 4, 2012 at 4:56 pm |
  177. Rob in PSL, FL

    It means the government has 258 more days left to take from the people. I would be OK with all this, IF, I had something to show for all the money they take.

    April 4, 2012 at 4:57 pm |
  178. Paul Rettig

    We should look at it another way. We work 107 days to pay the price of living in one of the greatest countries on earth. We work 107 days to pay for safe food, clean air and water, public transit and highways, a powerful military, safe airlines, health care, education, programs to help the neediest among us, space exploration, and so much more. We get a lot of value for our money.

    April 4, 2012 at 4:57 pm |
  179. Dan

    It's time to end class warfare, race baiting, and strive for balance and equality, starting with economics and opportunity.

    When 50% of the people don't pay taxes, but wait for monthly handouts / subsidies from the government, there is an "entitlement problem" that simply isn't sustainable. Between state and federal income taxes over 35% of my income is taxed, since I'm not Warren Buffet and don't have hundreds of millions in capital gains (and hundreds of millions in contested taxes I'm not paying, either.)

    Let's balance the tax code, adjust the entitlement and ENCOURAGE / REWARD moving people from government subsistence rolls to people who are employed. There has to be a safety net, but there should be some:

    And let's have some balanced reporting on taxes and do reasonable analysis on small businesses, corporations, and individuals' tax burdens.

    In other words, take a moment to explain how individuals can be taxed multiple times on the same income (Corporate Earnings, Capital Gains and Earned Income), rather than a simpleton approach normally presented!

    April 4, 2012 at 4:57 pm |
  180. Steve - Houston

    I think Obama would get more support if he addressed the tax code and didn't pit the rich vs everyone else. Pay their fair share is a socialist view and not American. The rich are paying what they are required to by law. Change the law. It's not that hard. The problem is that Obama is now in re-elect mode, so if he can divide the country, then that's what he will do. All of our politians need to go...they are spending OUR money. If each of our politicians treated the money they spend as if it's their own checkbook, maybe we could reign in spending. Thanks for listening to my rant...

    April 4, 2012 at 5:00 pm |
  181. Kash

    The real question is that the services we get (police, fire, roads, security, etc...) are worth spending a third of our working time or not?

    April 4, 2012 at 5:00 pm |
  182. Jim

    Jack,

    It means it's a privilege to live in America and it doesn't come cheap – well, okay, I guess it does if you're wealthy and Republicans are in power.

    Jim
    Reno, Nevada

    April 4, 2012 at 5:00 pm |
  183. Nik

    if they flipped their numbers where i pay 15% and the rich pay 30% then i would have the disposable income to go buy a car or a house. the rich paying less than me is a joke! people that cant afford a car get taxed more than someone who has 10 cars.

    April 4, 2012 at 5:01 pm |
  184. Jack Dempsey

    Jack It means I have 258 days left to pay for gas. Jack From Nice, Ca.

    April 4, 2012 at 5:02 pm |
  185. Steve

    The Tax Foundation, a conservative anti-tax group, broke its study down by state. I'd much rather see the data broken down by income range. How long do the bottom 10% have to work to pay their taxes? (Sure, no Federal tax, but plenty of state and local taxes.) How long for the middle 10%? How long for the top 1%? Of course, for the latter, you would need to stretch the definition of "work" to include earnings from capital gains.

    Broken down in this fashion, I suspect that the richest have to work the least to pay their taxes, then the poorest, with the middle class having to work the longest. But I'd love to see an unbiased study to know for sure.

    Steve, Austin Texas

    April 4, 2012 at 5:03 pm |
  186. Jose Head

    "What does it mean when you have to work 107 days just to meet your tax bill?"

    It means that the government is spending too much money.

    April 4, 2012 at 5:03 pm |
  187. Phillip Kunz

    I would not mind the tax if the government would plug some of the gofer holes where the tax money ends up.

    April 4, 2012 at 5:04 pm |
  188. Austin Siegel

    The percentage is all relative and taken as a lump sum. Inflation is at an absurd high rate so folks making "middle class" wages continued to get crunch with the same tax rates. I am all for folks making more than 1 million dollars to have higher tax rates, but the tax rates (including state, FICA, Medicare and County... whatever) need to be shaken up for the 99%

    Folks at work tell me to just buy a house or take on a ton of debt and the returns will come.

    April 4, 2012 at 5:04 pm |
  189. Bob

    It means that we are working more for politicians than we are for our families. When I get something for 30% of my money from government, I'll let you know.

    April 4, 2012 at 5:05 pm |
  190. Mike8888

    It means that the democrats are getting their way. Thank you for taxing the hell out of the hardworking Americans only to give it to those who don't want to work. I have no problem helping those that need help, but when my family is being affected by the democratic tax machine, it gets old quick.

    April 4, 2012 at 5:06 pm |
  191. Scott Bailey

    If the average American reaches Tax Freedom day on April 17. Isn't it then true that the rich like Mitt Romney reach that day in about 1/2 the time? Isn't that backwards? Why does Rubenstein think this is fair? Why not put him and Romney on the same field as the rest of us?

    April 4, 2012 at 5:06 pm |
  192. rich from Florida

    Capitalism pays for Socialism.... we have to work 100+ days to pay our taxes so that those on welfare dont have to work..:( I am in favor of a flat tax, or even a higher sales tax and NO income tax... plus the removal of entitlements and handout programs. i am in favor of hand up programs ie those that are designed so that the receipient can better themselves and get a job.... Let's all vote for teaching men to fish instead of handing them out...

    April 4, 2012 at 5:07 pm |
  193. Tom

    OUR government has abused & neglected OUR nation’s tax base. We are like farmers overworking our land with our crops are getting smaller each year. OUR government is run by people who are too rich to see how we must fertilize our soil. You have to give back to land for what you take of it. And the rich are too fat to care about the thinning crops.
    We must restructure open trade, it’s like the over watering of the soil. We have to turn off the tap of the cash flow going offshore. It’s an investment we must make for our nation and our kids.

    The fight for this change needs to begin at the poles. The people’s voice can’t be heard over the roaring flow of money the lobbyists’ are bring into Washington. So the fix for that is giving the people a no confidence vote. Give the people the power to close the value on an election that is blocked in the corporation lobbyist’s groups. Why would a corporation give millions of dollars to a party when everyone for that seat could get shot down? And why the people would reelect a president who has proven he can’t make change happen? And why would the people vote for a candidate who is disgusting rich and is dump as a potato? And his biggest claim to fame is making Staples successful. Have you ever walked around in Staples and looked for American made goods? Why would we vote for a guy that believes buying Chinese goods is a good thing for America?

    April 4, 2012 at 5:08 pm |
  194. bloodghost

    It means an increasing number of people depend more on government output. If the desired outcome is a less substantial tax burden then the solution is less dependence on government output. To be completely honest, i would rather get screwed by greedy capitalists than screwed by inefficient government.

    April 4, 2012 at 5:10 pm |
  195. George Washington

    If I just lived off of dividends and interest on invested cash, I wouldn't have to "work" at all. and my taxes would be paid a lot earlier than the working people.
    Those with means will always find ways to pay the least amount of tax and then say what they pay is "fair".
    All forms of income, stock dividends, interest, capital gains and pay, need to be taxed evenly.
    But, the biggest change needs to be that government becomes efficient with our money and not give it away to anyone with a hand out, and that includes the corporations that demand subsidies.

    April 4, 2012 at 5:10 pm |
  196. Dan (Atlanta)

    First of all, people don't work 365 days a year, so people aren't working 109 days to meet their tax bill. The actual number, if you do the math properly, is about 69 working days per year go to pay your taxes. Second of all, those taxes pay for your child's schools, they pay for the roads you drive on, the infrastructure you bring water to your house and to treat your sewage, they pay for national defense and they pay for your social security and medicare when you get old. They pay for the parks you can visit on the weekends, the police and fire protection to keep you safe.

    I'd say it's a pretty good deal.

    April 4, 2012 at 5:10 pm |
  197. KellyinCA

    Jack, I live in Halifax, Nova Scotia, Canada, so my perspective may be somewhat different from that of others who may respond.

    Less important than the amount of tax being paid, I think, is the perception that the taxes collected are being used efficiently and in what Canadians call "the public interest." That Americans pay more per capita _in taxes_ for healthcare than do Canadians, when Canadians have universal health care, is a degree of inefficiency and waste that should be an outrage to every American. At the same time, U.S. spending on defense vastly exceeds that of the next ten nations _combined_, which is literally overkill on a massive scale even before you consider that eight of those ten nations _are_allies_of_the_United_States_. It is incredibly simple to fix such inefficiencies but it will not be easy. In fact, it will be excruciating to the American economy that's already buckling under the strain of nearly 30 years of free trade agreements and globalization. It may be possible to shift military resources from defense and combat to engineering and logistics, in order to restore much of America's infrastructure and amenities before slowly scaling back, but there may not be enough time to put plans in place before another economic crisis hits and forces everyone up against the wall.

    April 4, 2012 at 5:11 pm |
  198. marybeth, massachusetts

    Duh. It means the tax code favors the wealthy and big business. Corporate welfare is an entitlement, and none of the Republicans have a problem with it; they just have a problem with people who work for a living. The working class has shouldered the burden. The people make so little that they pay no taxes aren't the problem; the problem is all of the massive tax cuts for the wealthy, corporate welfare (subsidies) for corporations, and all of the tax loopholes that only the wealthy and businesses can use to their advantage.

    I'm sure that Mitt Romney's Tax Freedom Day arrives much earlier than mine, probably around January 3rd. Those of us who work for a living pay far more in taxes than Romney does, percentage wise. The tax code is the anti Robin Hood–takes from the poor and gives to the rich.

    April 4, 2012 at 5:12 pm |
  199. MZ

    You don't want to pay taxes: go live in Qatar or the UAE or Kuwait. Simple. You have the freedom to do that. You want to have that freedom, as well as the endless other freedoms that some other countries don't offer: stay here and pay taxes. Don't complain.

    April 4, 2012 at 5:12 pm |
  200. John

    According to the same Tax Foundation you site in 2000 we worked 121 days to pay taxes, and in 2005 and 2006 when everything was booming we were working 114 days. In fact way back in the "good old days" of 1970 we were working 109 days to pay taxes. It is pure media myth that we are taxed more today than we were forty years ago.

    April 4, 2012 at 5:13 pm |
  201. Lee, NY

    For starters, Rubenstein should realize that it is people in his situation who tend to create a roadblock to tax reform in the first place. As far as the average 29% effective tax rate is concerned, ask yourself this, Do I feel like I get 29% worth of my income back in goods and services from my government? Most middle class americans would probably answer that question with a straight "NO".

    April 4, 2012 at 5:13 pm |
  202. Tim Brightbart

    Just 107 days and by April17th?? You should be down on your knees in gratitude! Here in Canada, tax freedom day is in June, not April...but we pay for our healthcare during that period, so its not quite as bad as it appears. If tax freedom day is in April in the US...it means you aren't paying enough in taxes and must be running a severe deficit. 107 days is ridiculously low compared to other civilized countries. Be thankful!

    April 4, 2012 at 5:13 pm |
  203. Mike

    A person working a 9am-5pm shift year round incurs income taxes up to 35%, payroll taxes for another 12-15% and then has to pay for gas and other road taxes in order to work. A person who has the benefit of wealth can hypothetically sit home all day and buy stock. they'd only pay a maxium of 15% in income taxes, no payroll taxes and no road taxes. You can argue about double taxation, but I'd like to see a corporation that pays an effective tax rate of over 20% if thats where the difference is made up.

    April 4, 2012 at 5:16 pm |
  204. jim from union city

    that's the 29 % that comes out of our pay off the top. how much more comes out of what's left every time you make a purchase , buy a gallon of gas or go to a movie. i know that here in california we pay close to 10% sales tax.

    April 4, 2012 at 5:18 pm |
  205. Damie

    Spending a third of my life and a third of my earnings on taxes so politicians can fritter the money away on everything from wars to welfare (individual and corporate) means that, as an average citizen, I am a slave to the whims of power hungry politicians and greedy, self-serving lobbyists.

    April 4, 2012 at 5:20 pm |
  206. Jim Charlotte NC

    How can tax day last until April when it is reported that over 50% of all Americans DON"T PAY TAXES. Maybe if we stopped spending bilions and billions being the worlds police and let other nations take care of their own security it would help all the rich people who seem to love to promote war a great deal of money.

    April 4, 2012 at 5:21 pm |
  207. Bob, in Florida

    I have a question for you, Jack.....When would it be "Tax Freedom Day" for me...IF.... I made a million dollars a year under the present tax rates?

    April 4, 2012 at 5:21 pm |
  208. Pete, NJ

    It means that Washington buys us the most expensive pork whether we want it or not. They need to go on a diet, but cut the junk food, not the stuff we require.

    April 4, 2012 at 5:22 pm |
  209. Pete in Florida

    In this case it means that you're misleading your viewers.
    It's 107 days to pay your taxes ONLY if you work EVERY day of the year; i.e., 365 days.
    Since almost all workers work only 260 days or less each year, 29% of that is 76 days...or less.

    April 4, 2012 at 5:22 pm |
  210. Larry -- Minnesota

    Jack it means that we've paid our annual dues on the debt service and need to get busy on the rest of the things our government spends money on. Can we take another look at that Federal Reserve thing??

    April 4, 2012 at 5:22 pm |
  211. Paul from Rockaway NJ

    Jack, I think the 29% figure is quite conservative. Depending on your exact circumstances, a half, or even more your income could be returned to the system in some form of a federal, state and local taxes. I wouldn't care if this country was a utopia, but as I look around me, I don't see much of that happening anytime soon.

    April 4, 2012 at 5:23 pm |
  212. Charles Roesch, Ph.D., M.D.

    I means you get the privilege to support and live in the greatest democracy yet created.

    April 4, 2012 at 5:23 pm |
  213. David P Vernon

    It means that taxes are 30% on the average, nothing more, nothing less. Wealth is not distributed Normally, so taxes aren't either, so the averages are not actually very meaningful. What counts is remaining wealth after taxes as a function of wealth. The current system does not bite as hard at the top as at the bottom. Voters need to elect Representatives who actually understand the system so they can change it, not just crash it into a wall.

    April 4, 2012 at 5:23 pm |
  214. Randy

    It means our military is way to big and needs to be brought home

    April 4, 2012 at 5:23 pm |
  215. Kevin

    It means it's time for MAJOR changes in the government and a congress which, by law, cannot accept payola.
    We want statesmen not politicos.

    April 4, 2012 at 5:24 pm |
  216. Anthony from Swedesboro

    It tells me that the rich only take a day to pay their "fair" share. Maybe if we pushed it up to a month, the rest of us could pay ours off in two months.

    April 4, 2012 at 5:24 pm |
  217. Flyingwolf from Manchester, NH

    It means you're one of the 99 per cent.

    April 4, 2012 at 5:24 pm |
  218. Tom in San Antonio

    it's beginning to look more and more like we working class are living in "The Districts" and our Congress is living in "The Capitol," just like The Hunger Games movie. We work our butts off to make them rich and happy and the "tribute" from our Districts is to send our young women and men into foreign wars to satisfy Congress' lust for war. (how many in Congress have ever served and how many have children in the services)?

    April 4, 2012 at 5:25 pm |
  219. Terry O'Brien

    It means. Jack, that we pay a whole lot less than most European countries whose kids are better educated and whose people are healthier than ours at about half the cost. But that would be (gasp) "socialism".

    April 4, 2012 at 5:25 pm |
  220. Amanda

    It says that people use a lot of services that are paid for using tax dollars. Roads, police, fire departments, EMS, hospitals, schools, national defense, public transportation, and countless other services are all paid for using tax dollars. Let’s not act like we don’t get anything in return for the taxes we pay. Public infrastructure doesn’t magically appear and maintain itself and let’s be real: US tax rates are pretty low compared to many other developed countries, so go ask most EU countries what they think of a 29% tax rate and see what they say.

    April 4, 2012 at 5:25 pm |
  221. Peter T

    Actually, it means that Americans are among the least-taxed people in the industrialized world and often by quite a wide margin. Other nations' "tax holiday" falls in late April, in May, or in June. Canada and the UK are both around the end of May or the beginning of June.

    April 4, 2012 at 5:26 pm |
  222. Zack Yezek

    It means that I'm forced to engage in commerce to the tune of 4 months' salary every year, but as long as I get no health coverage in return the Supreme Court will rule it constitutional.

    Zack
    Woodbridge, VA

    April 4, 2012 at 5:26 pm |
  223. mrhaase

    It simply means our government is too large for the people to support. History shows that any government that has grown too large for the people to support simple crumble. Power to the people, not the government. Government needs to shrink so we can support it. Those in power in government will never do anything to reduce thier power or self serving greed. The people will have to take back control because it is not hard to see how history simply repeats itself.

    April 4, 2012 at 5:26 pm |
  224. P Case - Auburn, NY

    107 days? Wish I hadn't heard that. Somehow 29% is a bit easier to swallow that 107 days. Wish I could afford to take 107 days off from work, but I can't because I'm paying it in taxes to help run a country that, quite frankly, ain't running nearly as good as it should. If I spent the equivilant of 107 days pay on something that ran as poorly as this country is right now, I'd want a refund.

    April 4, 2012 at 5:26 pm |
  225. Ed in Sacramento, Ca

    It means many people work hard so that others can stay at home guzzling Coke and smoking their stuff!!!

    April 4, 2012 at 5:27 pm |
  226. Steve K. Los Angeles, California

    It means our government and military are overspent. Who else is going to foot the bill? I'll gladly dedicate a third of my working days to government spending if it means that the President and his family can vacation in Hawaii.

    April 4, 2012 at 5:27 pm |
  227. Jim

    It means that it should not be controversial when the President says that Americans who are millionares should be paying the same rate as those in the middle class. I'm an Army veteran of both Iraq and Afghanistan and I am still trying to figure out what kind of ridiculous backward thinking was behind giving massive tax breaks that benefit (Bush tax cuts) the rich, while involved in two major operations that cost billions a week.

    April 4, 2012 at 5:27 pm |
  228. John (Canada)

    It means you work to pay less than workers in all of the Developed Western countries – except you have to also pay for your health insurance and/or health care and pay high tuition to send your kids to private schools that are not integrated, plus a little bit to your congressman to keep your hope alive of joining the 1%

    April 4, 2012 at 5:28 pm |
  229. Jeanne

    Well Jack with the income tax rates we have right now I don't believe it. Everyone's taxes went down and have been down since George Bush lowered them. We can't live in the most wonderful country in the world and not pay our fair share of taxes. I for one think the problem is illogical tax rates for people who make a million dollars or more. That is what needs to be changed.

    April 4, 2012 at 5:28 pm |
  230. Joe, New York

    Whose math is this? The clearly just did (365 x 29%) to come up with their inflated value of 107 days, but that is a terrible approach.

    Assuming I work 5 days a week, 50 days a year, that's 250 actual working days, more specifically, days where I work for income. If 29% of my income is taken away in taxes, that's really more like 73 days a year spent working to pay taxes. The remaining 292 days are divided as 177 days working for my income that I keep, and 115 days off.

    The actual 73 days vs the claimed 107 days is not a trivial difference. I feel like whoever started this topic either inflated it on purpose for the shock factor, or they are lacking in common sense.

    April 4, 2012 at 5:28 pm |
  231. jerry stynze

    Horrible jack just horrible they are killing me with taxes 29% my first 2 days of work goes to the government that doesn't do anything for me.

    April 4, 2012 at 5:29 pm |
  232. Lynn

    It means that many of us are paying much too much. But I wonder if average taxpayers work for 107 days to pay taxes, how many days do people who make say 1 million dollars per year work to pay taxes. And, how many days do the SUPER rich work to pay their taxes.
    Ohatchee, Alabama

    April 4, 2012 at 5:29 pm |
  233. Woody from Portland

    It means you are a member of the middle class and are paying more that than your fair share; thus allowing the Billionaires to invest their excess Million$ into Super-Packs to buy elections by spreading propoganda to convince the those that make their voting decisions on 30 second TV sound bite political ads. It is an endless circle with the country more and more dependent on the working middle class as the rich get richer.

    April 4, 2012 at 5:29 pm |
  234. Ed Truncale / Erial, NJ

    I think we need to cut that percentage in half. We can pass a law and make the year 730 days long. Seriously, a question, how does that compare with other nations that have socialized medicine. I don't mind paying, I just want to get something for it.

    April 4, 2012 at 5:30 pm |
  235. James, South Dakota

    Jack,

    It means that the american people won't be buying that jetpack any time soon!

    April 4, 2012 at 5:32 pm |
  236. Don in Carson City, NV

    I think it means that we need a complete revamp of the tax code. How about a $12,000 exemption for every individual. Then, the tax on persons/families would be 15% of income above the exemption amount. No Earned Income Credit. No mortgage deduction. No one could get a refund of more than they had withheld from incomes. No other deductions. Business would be allowed to deduct actual (No Two-Martini-Lunches or private jets) expenses, such as purchase of materials, employee wages and benefits, but not executive bonuses. The income tax for the business would then be 15% of income above allowed deductions. The more you make, the more you keep.
    Let the government exist on this income.

    April 4, 2012 at 5:32 pm |
  237. Mardys

    A woman earning ten dollars an hour, using 20 gallons of gas per week, paying $3.95 per gallon will work about 73 days each year to just to pay the gas that gets her to work. She can't vote for the president of the oil company, she can't access the members of the board and has absolutely no way to change the system.

    April 4, 2012 at 5:35 pm |
  238. Danny Los Angeles ca.

    Jack, what it means to me is the American dream is lost when average people have nothing left to invest,how do we create that dream the wealthy have all the oppertunity and congress even gets insider information to help them profit in today's world it's impossible to get a business going and keep it alive with corporate competition.so the only thig left is to invest in stocks how do you do that hold your home and pay your unfair tax bill.

    April 4, 2012 at 5:37 pm |
  239. Richard Page Rapid City, SD

    it means i am more responsible than the government.

    April 4, 2012 at 5:39 pm |
  240. Mark from Vancouver

    Only 107 days you say? LUXURY! In Canada, we work 365.

    April 4, 2012 at 5:44 pm |
  241. Danny Los Angeles ca.

    Jack,the American dream is dead average Americans can no longer afford to invest in the corporations that have displaced them from the small businesses they worked for they have lost equity have dipped in to 401ks and are one pay check from the street while congress gets insider information and gets the best oppertunity.the rich can ride out any market and the middle class can't even hold a home long enough to pay off a mortgage.things have to change

    April 4, 2012 at 5:44 pm |