
“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/
Related posts:
A Bitcoin for Your Thoughts
Bill Bonner: The Committee to Blow Up the World
The Greatest Opportunity in 30 Years
Paulson Offsets Gold Bullion ETF Sale with Gold Swaps
Bernanke Is Getting Killed in the Bond Market
Doctor Bloodied, Dragged By Police Off Overbooked Plane So Employees Could Fly
Ron Paul supports Snowden and Manning in Larry King interview
U.S. Intelligence: Syrian Government Didn’t Launch Chemical Weapons
Bitcoin in Vancouver on Global TV
U.S. Drug Czar: Federal Prosecutors Will Go After Washington And Colorado Marijuana Distributors
U.S. Secret Service Demands Congress Regulate Cryptocurrencies
South America Gets Its First Bitcoin ATM
Here Come the Salt Police!
Americans Can Still Benefit from Tax Havens
Australian Safety Official Seeks Refund Of 987 Speed Camera Tickets