Conservatives say Tax Freedom Day takes the cake
Liam McCabe said he had a good time at the party he hosted on behalf of the Brooklyn South Conservative Club at the Kitchen Corner and Bar in Bay Ridge. But he admitted that no one, including him, wanted to be there. “You don’t want to have a party like this,” McCabe, the club’s president, told the Brooklyn Daily Eagle.
The big bash, held on May 2 at the popular Fifth Avenue pub, took place to mark Tax Freedom Day, a symbolic event marking the date of the year when New York State taxpayers have theoretically paid their entire tax bill for the year. Tax Freedom Day in New York State was May 6. Under the Tax Freedom Day theory, if the government took a worker’s entire paycheck each week from the beginning of the year until his taxes were paid in full, the employee would have had to hand over all of his checks from Jan. 1 all the way until May 6, period of more than four months. It also means that the average citizen has to work for four months out of the 12 month year just to pay his taxes.
Tax Freedom Day means that, at least in theory, a worker could now start to keep his hard-earned money.