Posted: Apr 15, 2013 7:12 PM by Jamie Leary - MTN News
Today is Tax Day - the deadline for filing annual income taxes with the IRS.
Some are rushing to the post office to send their taxes off at the last minute, some are filing for extensions and some are protesting.
At the Gallatin County Courthouse, the Bozeman Tea Party is voicing their Tax Day concerns.
For the fifth year, supporters with the Bozeman Tea Party are voicing frustrations with government spending.
Former state senator Joe Balyeat told KBZK why he was at the protest.
"Today is actually the tax deadline but few people realize that tax freedom day is actually 3 days away," Balyeat said. "On April 18th we will actually see tax freedom day and it's not until after that date that you start making money for yourself. In Montana, Tax Freedom day is actually April 10th so it's actually a few days earlier...not because of good tax policies in Montana but because Montana has such low wages, almost dead last in the nation so we pay lower federal income tax."
Montana ranks 30th in the nation for the time it takes to work and pay off current tax year debt.
While Connecticut residents will take the longest to pay their debts celebrating a tax day in May, Tennessee and Louisiana had their tax days at the end of March.
To put it into perspective, tax freedom day in America in 1900 was January 22nd with taxpayers paying only 5.9%.
The average taxpayer today pays an estimated 29% of their paychecks to cover taxes.
After tax freedom day, the money made is considered above and beyond, which will more than likely be used for groceries, gas and other household items.
Balyeat, a Certified Public Accountant, continued: "Spending Freedom Day, government spending freedom day is May 9th so things are getting worse, tax freedom day comes five days later this year because of the tax increases at the Federal level. We're trying to get people to understand what's going on and to stand up for less government spending."