Or 107 days. That’s how long we have to work to pay our taxes. Tax Freedom Day is April 17:
“Despite all the tax cuts that the federal government has passed recently, Americans will still spend more on taxes than they spend on food, clothing and medical care combined,” said Hodge. In 2005, Americans will work 70 days to afford their federal taxes and 37 more days to afford state and local taxes. Other categories of spending measured in the report include housing and household operation (65 days), health and medical care (52 days), food (31 days), transportation (31 days), recreation (22 days), clothing and accessories (13 days), saving (2 days) and all other (42 days).
Taxes got you down? Not sure what to do? Need a drink? Visit The Winecommonsewer.