Thursday, March 27, 2008

April 23 is 'Tax Freedom Day' - when the national tax burden is paid off for the year.


The Bush tax cuts helped, but the Congress won't agree to keep them, so it look like the date will be even later in the year. Here is a list of what we have paid in the past.
Year Tax Freedom Day # Days Rate
1900 January 22 22 5.9%
1910 January 19 19 5.0%
1920 February 13 44 12.0%
1930 February 12 43 11.7%
1940 March 7 66 17.9%
1950 March 31 90 24.6%
1960 April 11 101 27.7%
1970 April 19 109 29.6%
1980 April 21 111 30.4%
1990 April 21 111 30.4%
2000 May 3 123 33.6%
2008 April 23 113 30.8%
Starting on April 24th and not until then, you can start earning money for yourself.
More at CNN Money

No comments: