‘Tax Freedom Day’ falls three days later this year for Americans

“The day when the nation collectively has made enough money to pay its total tax burden for the year is three days later this year, according to a new report.  According to a report released Monday by the Tax Foundation, this year Tax Freedom Day falls 111 days into 2014, on April 21.  By April 21, the group says, Americans will have made enough to pay the $3 trillion in federal taxes and $1.5 trillion in state taxes — more than they will spend on food clothing and housing combined.  If federal borrowing is included, the group calculated that Tax Freedom Day would fall 15 days later on May 6.”

http://dailycaller.com/2014/04/07/tax-freedom-day-falls-three-days-later-this-year/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin