United States
In the United States, Tax Freedom Day for 2010 is April 3, for a total average effective tax rate of 26.9 percent of the nation's income. The latest that Tax Freedom Day has occurred was May 1 in 2000. In 1900, Tax Freedom Day arrived January 22, for an effective average total tax rate of 5.9 percent of the nation's income. According to the Tax Foundation, the most important factor driving changes in Tax Freedom Day from year to year is growth in incomes, as the progressive structure of the U.S. federal tax system causes taxes as a percentage of income to rise along with inflation.
Tax Freedom Day varies among the 50 U.S. states, as incomes and state & local taxes differ from state to state. In 2010, Alaska had the lowest total tax burden, earning enough to pay all their tax obligations by March 26. Connecticut had the heaviest tax burden—Tax Freedom Day there arrived April 27. New Jersey had the second heaviest tax burden, having to work until April 25 to pay their total taxes.
According to the Tax Foundation, the following is a list of Tax Freedom Days in the U.S. since 1900:
| Year | TFD | Percentage tax burden |
|---|---|---|
| 1900 | January 22 | 5.9% |
| 1910 | January 19 | 5.0% |
| 1920 | February 13 | 12.0% |
| 1930 | February 12 | 11.7% |
| 1940 | March 7 | 17.9% |
| 1950 | March 31 | 24.6% |
| 1960 | April 11 | 27.7% |
| 1970 | April 19 | 29.6% |
| 1980 | April 21 | 30.4% |
| 1990 | April 21 | 30.4% |
| 2000 | May 1 | 33.0% |
| 2001 | April 27 | 31.8% |
| 2002 | April 17 | 29.2% |
| 2003 | April 14 | 28.4% |
| 2004 | April 15 | 28.5% |
| 2005 | April 21 | 30.2% |
| 2006 | April 24 | 31.2% |
| 2007 | April 24 | 31.1% |
| 2008 | April 16 | 29.0% |
| 2009 | April 8 | 26.6% |
| 2010 | April 9 | 26.9% |
| 2011 | April 12 | 27.7% |
| 2012 | April 17 | 29.2% |
Read more about this topic: Tax Freedom Day
Famous quotes related to united states:
“Printer, philosopher, scientist, author and patriot, impeccable husband and citizen, why isn’t he an archetype? Pioneers, Oh Pioneers! Benjamin was one of the greatest pioneers of the United States. Yet we just can’t do with him. What’s wrong with him then? Or what’s wrong with us?”
—D.H. (David Herbert)
“America—rather, the United States—seems to me to be the Jew among the nations. It is resourceful, adaptable, maligned, envied, feared, imposed upon. It is warm-hearted, overfriendly; quick-witted, lavish, colorful; given to extravagant speech and gestures; its people are travelers and wanderers by nature, moving, shifting, restless; swarming in Fords, in ocean liners; craving entertainment; volatile. The schnuckle among the nations of the world.”
—Edna Ferber (1887–1968)
“On the whole, yes, I would rather be the Chief Justice of the United States, and a quieter life than that which becomes at the White House is more in keeping with the temperament, but when taken into consideration that I go into history as President, and my children and my children’s children are the better placed on account of that fact, I am inclined to think that to be President well compensates one for all the trials and criticisms he has to bear and undergo.”
—William Howard Taft (1857–1930)
“I feel most at home in the United States, not because it is intrinsically a more interesting country, but because no one really belongs there any more than I do. We are all there together in its wholly excellent vacuum.”
—Wyndham Lewis (1882–1957)
“Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.”
—Lyndon Baines Johnson (1908–1973)