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:
“I do not know that the United States can save civilization but at least by our example we can make people think and give them the opportunity of saving themselves. The trouble is that the people of Germany, Italy and Japan are not given the privilege of thinking.”
—Franklin D. Roosevelt (18821945)
“Scarcely any political question arises in the United States that is not resolved, sooner or later, into a judicial question.”
—Alexis de Tocqueville (18051859)
“The rising power of the United States in world affairs ... requires, not a more compliant press, but a relentless barrage of facts and criticism.... Our job in this age, as I see it, is not to serve as cheerleaders for our side in the present world struggle but to help the largest possible number of people to see the realities of the changing and convulsive world in which American policy must operate.”
—James Reston (b. 1909)
“We are told to maintain constitutions because they are constitutions, and what is laid down in those constitutions?... Certain great fundamental ideas of right are common to the world, and ... all laws of mans making which trample on these ideas, are null and voidwrong to obey, right to disobey. The Constitution of the United States recognizes human slavery; and makes the souls of men articles of purchase and of sale.”
—Anna Elizabeth Dickinson (18421932)
“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 (18821957)