In his upcoming budget, President Obama will propose adjusting the Cadillac Tax to account for geographic variations in health costs, according to an article published on Wednesday by two White House economists. The...
- Graphic: How Long Americans Work to Pay All Federal, Stat...
Graphic: How Long Americans Work to Pay All Federal, State and Local Taxes, by Type of Tax, 2012
Key Findings This year, Tax Freedom Day falls on April 24, or 114 days into the year. Americans will pay $3.3 trillion in federal taxes and $1.5 trillion in state and local taxes, for a total bill of more than $4.8 trillion, or 31 percent of...
For the most recent version of Tax Freedom Day, please follow this link. What is Tax Freedom Day®? Tax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for year. A vivid, calendar-based...
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