Americans for Tax Reform announces national Cost of Government Day:

On July 16, Americans mark the national Cost of Government Day (COGD), the date on the calendar year when the average American finishes paying off his or her share of federal, state and local spending, and the regulatory burden. Cost of Government Day falling on July 16 means that you had to work 197 days out of the year just to meet all the costs imposed by government. In other words, the total cost of government – far more than taxation alone – consumes 53.9 percent of national income.

The implication of this announcement – well, it’s more than an implication – is that governments at all levels in the United States tax too much, spend too much, and regulate too much. I’m sympathetic to that view. The highest cost bills that we track on WashingtonWatch.com are very costly.

My job on this blog, though, is to air everything interesting I come across. Accordingly, my next post will be about something that generally favors new taxes, spending, or regulation. Ideas welcome!