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Today is Tax Freedom Day, but no time to celebrate

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Taxpayers Lose Three More Days to Big Government in 2006

Today is Tax Freedom Day, but no time to celebrate

Every April, the non-partisan Tax Foundation releases a report that calculates how many days of the year Americans must work to pay local, state and federal taxes. The day when Americans will have earned enough income to pay their total tax bill for the year is named "Tax Freedom Day."

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This year Tax Freedom Day is today, April 26, 116 days into the year — three days after it occurred in 2005 and 10 full days later than in 2004.

Tax Freedom Day is calculated by dividing the per capita total tax burden on Americans by per capita income. That yields the total effective rate, which this year is 31.6%. On April 26, 31.6% of the year has been consumed. Thus, politicians this year will seize the equivalent of every penny every American earns up to that day just to pay for government.

Because each state has a different total tax burden, each state also has a different Tax Freedom Day, as seen in the table below.

Tax Freedom Day State-by-State

2006 Rank State
# of Days
Date
1 Connecticut 132 May 12
2 New York 129 May 9
3 New Jersey 126 May 6
4 Washington 124 May 4
5 Minnesota 123 May 3
6 Massachusetts 122 May 2
7 Maine 121 May 1
8 Rhode Island 121 May 1
9 California 120 April 30
10 Illinois 120 April 30
11 Wyoming 119 April 29
12 Wisconsin 118 April 28
13 Maryland 117 April 27
14 Nevada 116 April 26
15 Vermont 115 April 25
16 Ohio 115 April 25
17 Hawaii 114 April 24
18 Pennsylvania 114 April 24
19 Michigan 114 April 24
20 Virginia 114 April 24
21 Florida 114 April 24
22 Nebraska 113 April 23
23 Colorado 12 April 22
24 Indiana 112 April 22
25 Georgia 112 April 22
26 Kansas 112 April 22
27 North Carolina 111 April 21
28 Oregon 111 April 21
29 Arizona 110 April 20
30 North Dakota 109 April 19
31 Kentucky 109 April 19
32 Texas 109 April 19
33 Delaware 109 April 19
34 Utah 108 April 18
35 Missouri 108 April 18
36 Iowa 108 April 18
37 Louisiana 107 April 17
38 South Carolina 107 April 17
39 New Hampshire 107 April 17
40 Arkansas 107 April 17
41 West Virginia 107 April 17
42 Idaho 106 April 16
43 Montana 106 April 16
44 South Dakota 106 April 16
45 New Mexico 105 April 15
46 Tennessee 104 April 14
47 Oklahoma 104 April 14
48 Mississippi 103 April 13
49 Alaska 102 April 12
50 Alabama 101 April 11
* District of Columbia 129 May 9

The pie chart (above) shows where the money Americans earn will go: We will work longer to pay taxes this year (116 days) than we will to pay for food, health care and transportation combined (112 days).

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