A tax-free day: Is it possible?

From Aaron Morris, a fiscal policy analyst for the Bluegrass Institute, Kentucky’s free-market think tank:

The deadline for paying your taxes has come and gone again. But don’t think for a moment that you won’t be paying taxes until the next time April 15 rolls around.

Tax Day is dreaded because of the mountains of evidence that taxpayers must provide to the Internal Revenue Service and state governments. But it is a mistake to believe that we pay all of our taxes on April 15. It’s simply the due date for forms that reconcile whether we have paid too much or too little in taxes throughout the year.

Americans pay taxes every single day on nearly every activity in which we participate. Could you live an entire day without paying a single tax?