Imagine running a small business and being assessed a penalty by the IRS. Then imagine being told by the IRS that the only way to avoid the penalty is to commit a serious felony, laundering money. This Kafkaesque...
- Tax Freedom Day 2013: Data Tables
Tax Freedom Day 2013: Data Tables
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...
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 illustration of the cost of government, Tax Freedom Day divides all federal,...
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