Government Will Cost Americans 103 Days Pay in 2009
(CNSNews.com) – Tax Freedom Day, the day on which Americans will have made enough money to fully fund government, will arrive eight days earlier than last year, due to both the effects of the recession and the economic stimulus spending bill passed by Congress.
That means that Americans get to keep an extra week’s worth of their earnings this year.
Calculated by the Tax Foundation, a nonpartisan tax research group, Tax Freedom Day will arrive on April 13 – meaning that it would require every dollar in wages Americans make between Jan. 1 and April 13 to pay all taxes and fully fund federal, state, and local government.
That means that Americans get to keep an extra week’s worth of their earnings this year.
Calculated by the Tax Foundation, a nonpartisan tax research group, Tax Freedom Day will arrive on April 13 – meaning that it would require every dollar in wages Americans make between Jan. 1 and April 13 to pay all taxes and fully fund federal, state, and local government.
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