Jan. 20, 2011, 9:17 pm:
Caleb pulled up the statements attributed to me in the Azle article.
Please note that the statement about "taxes" was not a direct
quote: Families already pay out 40 percent of their
income to taxes, he said. IF this were a direct quote I'm
sure Edwin would have reported it as such.
Frankly, I don't remember my exact words to
Edwin but there were other statements in the article that were
reported as direct quotes:
“We’re going to have to do what businesses
and families do,” he said. “You don’t spend what you don’t have
– and you don’t go out and borrow."
“We’re not the federal
government.”
“Taxpayers just can’t afford to pay any
more,” he said.
However, I readily
admit that when speaking to civic groups or others, including
reporters, I will often say that government takes away about 40%
of a family's money. I use the 40% figure because it is a
safe, low estimate for the total cost of government on citizens.
I believe this indisputable. I just read another
article in support of this premise at Dick Armey and Steve Forbes
"Freedom Works" website:
www.freedomworks.org/blog/jborowski/happy-cost-of-government-day.
Reports such as this are common. In fact, I just did a
quick google and found a reference to a study by the National
Bureau of Economic Research at Boston University that placed the
total average tax burden at 40%. (I haven't read the full
study, only a couple articles discussing it.) The article I
read today is on MSN's website but I read another article about
the Boston study previously, don't recall where. The MSN
reference is at
http://articles.moneycentral.msn.com/Taxes/Advice/YourRealTaxRate40.aspx
Thanks for giving me the opportunity to respond.
Bottom line, I routinely say that the government is costing
Texas families at least 40% of their money and I stand by that
statement. Phil
Jan. 26, 2011, 6:26 pm:
Thank you for the email. Following up on my previous email:
- In 2010 28.6% of the nation's income went to pay for
federal spending, 14.31% of nation's income went to pay for
state and local spending, and 20.5% of nation's income went to
pay for government regulation. Making the total Americans
spent on the cost of government 63.41%. This makes my 40%
number look VERY conservative.
http://www.fiscalaccountability.org/?content=COGD104
Again, the cost of government is extremely high and taxpayers
cannot afford to pay anymore than they currently do.
State Representative Phil King
Jan. 31, 2011, 1:39 p.m.:
I do believe strongly that government costs families more
than 40% of their resources.