Tuesday
Apr212015
Tax Freedom Day 2015 (April 24th)
Tuesday, April 21, 2015 at 11:26AM
The Tax Foundation calculates the 2015 Tax Freedom Day as April 24, 2015.
This is calculated as the day of the year when the nation as a whole has earned enough money to pay its total tax bill for that year.
Tax Foundation Key Findings:
- Americans will spend more on 2015 taxes than they will on "food, clothing, and housing combined."
- Americans will pay 31% of the nation's income in taxes.
- Americans will pay $3.3 Trillion in federal taxes, $1.5 Trillion in state and local.
- Washington residents Tax Freedom day: April 29, 2015
- Idaho residents Tax Freedom day: April 14, 2015.
Graphic from the Tax Foundation: