LATTA RECOGNIZES “TAX FREEDOM DAY”

Wednesday, April 23, 2008

Washington, DC -- Congressman Bob Latta (R-Bowling Green) made the following statement in recognition of “Tax Freedom Day.” 

“Today marks the day when the average American worker meets his or her obligation to Uncle Sam and has earned enough money to pay their taxes at the local, state, and federal level.  Tomorrow, working Americans can finally reap the benefits of their income instead of sending it to Washington.  It is sad to realize that Americans are working nearly one-third of the year just to pay their taxes.  Unfortunately, this date will continue to come later and later each year unless Congress provides much needed tax relief to working families and makes existing tax cuts permanent. What’s worse is that the Democrat Congressional Leadership’s solution to this problem is to implement the largest tax hike ever, which will only make this problem worse.”

The Tax Foundation calculates Tax Freedom Day by dividing the government tally of taxes collected each year by the income earned each year. The Foundation then converts that percentage into days worked. For more information, go to http://www.taxfoundation.org.

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Congressman Robert Latta was elected in a special election in 2007 to serve the Ohio 5th District.  He is a member of the House Committee on Agriculture and the Committee on Transportation and Infrastructure.  Congressman Latta previously served as a member of the Ohio General Assembly and Wood County Commissioner.