Thursday, April 15, 2010

On the Bright Side, You are Already Past Tax Freedom

If you bear the average tax burden, on this April 15th you might rejoice. After all, you have already made it past Tax Freedom Day.

Source: The Tax Foundation

Tax Freedom Day will arrive on April 9 this year, the 99th day of 2010, according to our annual calculation using the latest government data on income and taxes. Americans will work well over three months of the year—from January 1 to April 9—before they have earned enough money to pay this year's tax obligations at the federal, state and local levels.

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