Today is Tax Freedom Day for New Mexico and Tennessee

April 1, 2010

Tax Freedom Day – the date on which Americans will have worked long enough to have earned enough money to pay this year’s tax obligations at the federal, state and local levels – falls on April 1, 2010 for residents of New Mexico and Tennessee. The date for all Americans will be Friday, April 9, 2010.

Residents of both New Mexico (45th) and Tennessee (44th) had to work 91 days into the year in order to earn enough money to pay their combined federal, state and local taxes, 8 days shorter than the national average of 99 days.

In addition to New Mexico and Tennessee, here is the list of states that have already celebrated their Tax Freedom Day:

  • March 26th: Alaska (50th) and Louisiana (49th) residents worked 85 days to pay their federal, state and local tax bills.
  • March 28th: Mississippi (48th) residents worked 87 days to pay all of their taxes in 2010.
  • March 29th: South Dakota (47th) residents worked 88 days to pay all of their taxes in 2010.
  • March 30th: West Virginia (46th) residents worked 89 days to pay all their taxes in 2010.

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