Joe's Viewpoint: Tax Freedom Day - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

Joe's Viewpoint: Tax Freedom Day

Joe Sciortino Joe Sciortino
HATTIESBURG, MS (WDAM) -

According to the Tax Foundation, today is Tax Freedom Day. It is defined as the day on which we as tax payers across the nation have earned enough money to pay the tax bill for the entire year. Americans will pay $3.3 trillion in federal taxes and $1.5 trillion in state and local taxes, getting us really close to 5 trillion, which equals 31 percent of our nation's income. We will spend more in taxes in 2015 than on the combined amounts spent on food, clothing and housing. What should concern us is that the federal government continues to mount huge debts even with the tremendous amount of taxes collected. The interest alone on the debt accounts for two-thirds of all federal spending. Clearly, we need to rein all of this in – both the collecting and the spending.

This is today's viewpoint.

Copyright WDAM 2015. All rights reserved.

  • Local NewsLOCALMore>>

  • From QB to RB - USM sophomore Steven Anderson making moves

    From QB to RB - USM sophomore Steven Anderson making moves

    Tuesday, April 24 2018 12:27 AM EDT2018-04-24 04:27:53 GMT
    USM sophomore running back Steven Anderson. Courtesy: WDAMUSM sophomore running back Steven Anderson. Courtesy: WDAM
    USM sophomore running back Steven Anderson. Courtesy: WDAMUSM sophomore running back Steven Anderson. Courtesy: WDAM

    Though soft-spoken, Steven Anderson hits hard. A "violent" runner as Southern Miss teammate Keon Howard describes him, perhaps Anderson is making up for all those years spent at quarterback. "Steven runs like he doesn't want to be hit no more,” Howard said.

    More >>

    Though soft-spoken, Steven Anderson hits hard. A "violent" runner as Southern Miss teammate Keon Howard describes him, perhaps Anderson is making up for all those years spent at quarterback. "Steven runs like he doesn't want to be hit no more,” Howard said.

    More >>
  • Carey finishes regular season 33-13

    Carey finishes regular season 33-13

    Tuesday, April 24 2018 12:11 AM EDT2018-04-24 04:11:59 GMT
    William Carey pitcher Hannah Moak. Courtesy: WDAMWilliam Carey pitcher Hannah Moak. Courtesy: WDAM
    William Carey pitcher Hannah Moak. Courtesy: WDAMWilliam Carey pitcher Hannah Moak. Courtesy: WDAM

    William Carey swept Brewton-Parker on Monday to wrap up the regular season. The No. 12 Lady Crusaders finish the year 33-13 (19-9 SSAC) and await their seeding in the Southern States Athletic Conference which begins on May 2.

    More >>

    William Carey swept Brewton-Parker on Monday to wrap up the regular season. The No. 12 Lady Crusaders finish the year 33-13 (19-9 SSAC) and await their seeding in the Southern States Athletic Conference which begins on May 2.

    More >>
  • Monday’s Pine Belt prep baseball scores

    Monday’s Pine Belt prep baseball scores

    Tuesday, April 24 2018 12:03 AM EDT2018-04-24 04:03:28 GMT
    Source: Flickr Creative CommonsSource: Flickr Creative Commons
    Source: Flickr Creative CommonsSource: Flickr Creative Commons

    Monday’s Pine Belt prep baseball results

    More >>

    Monday’s Pine Belt prep baseball results

    More >>
Powered by Frankly