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Trivia Tidbit Of The Day: Part 319 -- Tax Freedom Day.

Freedom From Taxes-

If you are an average American, today was a good day for you. It marked the final day of the year you worked to pay the government. Assuming you've been paying every penny you have earned since January 1 to Uncle Sam and his little nephews (California, Texas, New York, etc.), from here on out, for the rest of the year, what you earn is yours to keep.

Yes, because today is Tax Freedom Day:

Again, if you are the average American, you worked three additional days this year to quench the thirst of the ole big government leviathan.

Awesome.

Compare this to 100 years ago (.pdf):

I'm lovin' it.

There's much, much more information about taxes, with explanations, at The Tax Foundation website. Go check it out. There are many ways to calculate a Tax Freedom Day (and The Tax Foundation's methods have some flaws, to be sure), but this is still one of the better ways to conceptualize the cost of government.

Previous Trivia Tidbit: OIL!.

Posted by Will Franklin · 26 April 2006 09:47 PM

Comments

Posted by: Eneils Bailey at April 27, 2006 08:56 AM

Posted by: Zsa Zsa at April 27, 2006 10:52 AM

Posted by: Zsa Zsa at April 27, 2006 12:41 PM