Tax Freedom Day®
Tax Freedom Day® is the day when the nation as a whole has earned enough money to pay off its total tax bill for the year. Tax Freedom Day provides Americans with an easy way to gauge the overall tax take-a task that can otherwise be daunting due to the multiplicity of taxes at various levels of government and "hidden" taxes and fees that are often buried in the cost of living (Read more about Tax Freedom Day). Tax Freedom Day computed by dividing total tax collections by the nation's income, as reported by the Bureau of Economic Analysis. Every dollar that is officially called income by the government is counted, and every payment that is officially considered a tax is counted. The resulting percentage is then converted into days of a 365-day calendar year.
We calculate Tax Freedom Day annually around the end of March. If you would like to be notified when a new version of this study is published, sign up for an email update here. Additional questions about Tax Freedom Day®? Contact us at (202) 464-6200.
Related Blog Entries
- Happy Tax Freedom Day Canada, UK, Slovakia, and Italy, by Scott A. Hodge, June 7, 2011
- Nation Works until 11:13 AM to Pay All Taxes, Lunchtime to Pay off the Deficit: 2011’s Tax Bite in the Eight-Hour Day , by Alicia Hansen, May 9, 2011
- From the Archives: Tax Freedom Day 21 Years Ago, by Alicia Hansen, April 12, 2011
- Tax Freedom Day Makes Us Feel Like Singing, by Alicia Hansen, April 12, 2011
- Happy Tax Freedom Day!, by Mark Robyn, April 12, 2011
- Materials Available for Tax Freedom Day Events, by TF Staff, April 11, 2011
- Tax Freedom Day® Arrives on April 12 in 2011, by TF Staff, March 30, 2011
- When Will Tax Freedom Day Be this Year?, by Alicia Hansen, March 23, 2011
- Happy Tax (Plus Deficit) Freedom Day, by Natasha Altamirano, May 17, 2010
- Connecticut Last to Arrive at Tax Freedom Day, by Mark Robyn, April 27, 2010
- Maryland Celebrates Tax Freedom Day, by Kail Padgitt, April 19, 2010
- Yesterday was Tax Day and Tax Freedom Day for Washington State, by Rob Shrum, April 16, 2010
- More Tax Relief!, by Kail Padgitt, April 15, 2010
- Today Massachusetts and California Celebrate Tax Freedom Day, by Justin Higginbottom, April 14, 2010
- Minnesota, Vermont, Virginia, and Pennsylvania Celebrate Tax Freedom Day, by Mark Robyn, April 13, 2010
- Monday Map: Some States Have Yet to Celebrate Tax Freedom Day, by Justin Higginbottom, April 12, 2010
- Today is Tax Freedom Day for Rhode Island and Wisconsin, by Kail Padgitt, April 12, 2010
- Today is Tax Freedom Day for Illinois, Utah, and Wyoming, by Kail Padgitt, April 11, 2010
- Today is Tax Freedom Day for Colorado and Delaware, by Rob Shrum, April 10, 2010
- Today is Tax Freedom Day for Georgia, Idaho, Michigan, Ohio, and Oregon, by Rob Shrum, April 8, 2010
- Tax Freedom Day for North Carolina, Nebraska, and Kansas, by Justin Higginbottom, April 7, 2010
- Tax Freedom Day at the Bloggers Briefing, by Natasha Altamirano, April 7, 2010
- Tax Freedom Day on CNBC's "Kudlow Report", by Natasha Altamirano, April 6, 2010
- Today is Tax Freedom Day for Oklahoma, Indiana and New Hampshire, by Mark Robyn, April 6, 2010
- Today is Tax Freedom Day for Florida, Montana, and Texas, by Kail Padgitt, April 5, 2010
- Today is Tax Freedom Day for Arizona, Iowa, Missouri, and Maine, by Kail Padgitt, April 4, 2010
- Today is Tax Freedom Day for Arkansas, Kentucky, North Dakota and South Carolina, by Justin Higginbottom, April 3, 2010
- Today is Tax Freedom Day for New Mexico and Tennessee, by Rob Shrum, April 1, 2010
- New Podcast: Tax Freedom Day 2010, by Natasha Altamirano, March 31, 2010
- Five States Have Already Arrived at Their Tax Freedom Day, by TF Staff, March 30, 2010
- Tax Freedom Day 2010 Is April 9; Historically Massive Deficits Promise Later Tax Freedom in the Future, by TF Staff, March 30, 2010
- If It's Good for Ghana, It's Good for the Gander, by Joseph Henchman, July 13, 2009
- Is the Tax System Progressive or Not?, by Gerald Prante, June 15, 2009
- More Cool Visualizations of Tax Freedom Day, by Matt Moon, May 6, 2009
- 4-D Animation of Tax Freedom Day by State, by Matt Moon, April 23, 2009
- Visualizing the Relationship Between Tax Freedom Day, Total Federal Spending and Deficit Spending, by Matt Moon, April 16, 2009
- And the [News] Beat Goes On: Another Sampling of Media Coverage From a Busy Tax Week, by Matt Moon, April 16, 2009
- CTJ Study on Progressivity Says CBPP Criticism of Tax Freedom Day is Wrong, by TF Staff, April 15, 2009
- New Podcast: Ari Fleischer - Reforming the Tax Code to Promote Economic Growth, Not Wealth Redistribution, by Matt Moon, April 15, 2009
- A Sampling of Tax Freedom Day Media Coverage, by Matt Moon, April 14, 2009
- Gov. Tim Pawlenty (R-MN) Mentions Tax Freedom Day on Weekly Republican Response, by Matt Moon, April 11, 2009
- Cool Interactive Infographic on Tax Freedom Day, by Matt Moon, April 7, 2009
- Tax Freedom Day® to Arrive April 13 in 2009, by TF Staff, March 31, 2009
- Tax Foundation in Last Week's Editorial Pages ... and the Best of the Blogosphere, by Matt Moon, January 26, 2009
- Best of the Blogosphere: Transit Agencies, Tax Freedom Day, Alcohol Taxes, and Tax Holidays vs. TARP, by Matt Moon, December 12, 2008
- Tax Foundation Among 20 Organizations to Follow on Twitter, and the Best of the Blogosphere, by Matt Moon, November 24, 2008
- Misuse of Tax Freedom Day by State, by Gerald Prante, August 13, 2008
- Happy Tax Freedom Day, Israel, by Scott A. Hodge, July 15, 2008
- Happy Tax Freedom Day, Czech Republic, by Scott A. Hodge, June 6, 2008
- Tax Freedom Day Finally Arrives in Connecticut, by Alicia Hansen, May 8, 2008
- Tax Freedom Day in the News, by Alicia Hansen, April 23, 2008
- Tax Freedom Day Makes Us Feel Like Singing: View the New Tax Freedom Day Video, by Alicia Hansen, April 22, 2008
- Tax Freedom Day Will Arrive on April 23 in 2008, by TF Staff, March 26, 2008
- Tax Freedom Day: A Different Kind of Labor Day, by Alicia Hansen, September 1, 2007
- Tax Freedom Day and Morality, by Curtis S. Dubay, May 2, 2007
