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 Our Labor Day started off with some extremely small pockets of rain for the coast this morning. Most areas should see a rain-free day, with a 30% coverage of showers in our forecast. Highs today will reach the lower 90's. More moisture leads to increased rain coverage for Tuesday. A 50% coverage of showers returns for Tuesday. Highs will ...

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Tax Freedom Day

WASHINGTON, D,C. - Tax Freedom Day is April 18 this year in the U.S. and April 30 in Texas.

Click here for more information about Tax Freedom Day

Tax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for the year. A vivid, calendar based illustration of the cost of government, Tax Freedom Day divides all federal, state, and local taxes by the nation’s income.

In 2013, Americans will pay $2.76 trillion in federal taxes and $1.45 trillion in state taxes, for a total tax bill of $4.22 trillion, or 29.4 percent of income.

April 18 is 29.4 percent, or 108 days, into the year.


 

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