When the tax costs of operating in New York are only a fifth of the cost of locating the same operation in Wyoming, something unusual is going on. Yet that’s exactly what we find for new research and development (R&D...
- Map: Tax Freedom Day by State and Rank, 2012
Map: Tax Freedom Day by State and Rank, 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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