Presidents Day is more than just a federal holiday. Historically it’s the day I sit down and pull all my “tax stuff” together so it can be sent off to my friendly semi-local accountant. Yeah, I know, I’m not in any way a creature of habit.
Put another way, Presidents Day is my own personal day of rage as I start getting a sense of just how much of the last year I spent working just to avoid being thrown into state or federal prison for non-compliance with an extortion racket backed by the full force of government.
Then I start to ponder the fact that the national debt will crash through $28,000,000,000,000 in short order… and realize that it would take more than 1.5x the current Gross Domestic Product to pay off our current dept. I have no idea how that level of debt is sustainable over the long term, unless, of course, we adopt some wildly confiscatory tax scheme. That comes with its own inevitable pitfalls too.
I’ve heard it said that “taxes are the price we pay for civilization,” but as I’m sitting here looking at sheets full of numbers, I can’t help but wonder how much longer we can reasonably expect the government to carry the full freight of those costs. Given the profound ineptitude of our elected officials, I’m even more incredulous about why we’d even want them involved in all the nooks and crevices where they’re currently spending our tax dollars.
According to some random website, 71% of people surveyed currently disapprove of how Congress is going its job. Allowing an organization that more than 2/3 of the country believes is doing the wrong thing to walk around with an open checkbook and cheering while they spend feels like the height of absurdity.