Friday, April 15, 2011

It's the most... wonderful tiiiime... of the yeeeeear!

It's April 15th, and you know what that means, kids: It's Tax Day!

If you haven't already done so, it's time to pull out those checkbooks and hand over your blood, sweat, and tears to Uncle Sugar!

And if you were "fortunate" enough to receive a refund this year, remember not to get too giddy. Keep in mind that you still paid a fortune in income taxes; the refund is just the amount that the feds overcharged you. So instead of you having access to that money, where it could have been sitting in an interest-bearing account, it was instead residing with the federal government, where they were enjoying your little interest-bearing loan for a few months! My wife and I took a good-sized chunk of our refund and bought silver with it, but we had to wait for the refund. If we had access to the money earlier, we could have bought the silver at a much lower price. As it is, silver has gone up by $8 and ounce since we purchased ours at the beginning of March.

It does my heart well to think of President Obama's deficit speech from the other day and think about what he and his fellow kleptocrats in the Congress want to do with our hard-earned money.

Today's festivities arrive just three days after this year's version of Tax Freedom Day, which is the date when we have worked long enough to earn the money to pay off our local, state, and federal taxes. Hope you enjoyed working all of January, February, March, and half of April just to pay off the Man.

"If a nation expects to be ignorant and free... it expects what never was, and never will be." -Thomas Jefferson

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