The OECD released their Revenue Statistics publication for 2015 this week, revealing the total tax revenue as a percent of GDP of the OECD countries has risen by 10 bases points. The increased tax revenue was driven by...
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- Tax Freedom Day Finally Arrives in Connecticut
Tax Freedom Day Finally Arrives in Connecticut
Residents of the Constitution State celebrate Tax Freedom Day today, after a very long wait. Connecticut's Tax Freedom Day is the latest in the nation, and significantly later than the notional Tax Freedom Day of April 23. The earliest state Tax Freedom Day this year, back on March 29, was celebrated in Alaska.
Ok, Connecticut you get to start working for your family and yourself today. Today is Tax Freedom Day, it's the day were you've finally worked enough to pay all your Federal, State and Local taxes.
We in Connecticut have the honour of working longer than any other state in the Union to pay our fair share. We work till May 08th.
How ironic that Tax Freedom Day and the end of the CT Legislature Session coincide. Coincidence? I think NOT!
Other states where citizens wait unusually long for Tax Freedom Day® are California (April 30), Washington (April 29), Massachusetts (April 28), Maryland (April 28), Minnesota (April 27), and Florida and Hawaii on April 26.
Wow, we work a whole WEEK longer than our closest competitor California! Ouch!
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The Tax Policy Blog is the official blog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.
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