Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

Taxpayers Must Work Until April 30 to Pay Their Taxes (May 20 in CT, April 12 in OK)

The Tax Foundation has released America Celebrates Tax Freedom Day:

Tax Freedom Day® will arrive on April 30 this year, the 120th day of 2007. That means Americans will work four months of the year, from January 1 to April 30, before they have earned enough money to pay this year’s tax obligations at the federal, state and local levels. …

Tax Freedom Day has arrived later each year for four years running. In 2003, the Bush administration enacted its biggest tax cuts, and Tax Freedom Day arrived April 18, matching 1984 for the earliest Tax Freedom Day in the last three decades.

Tax_freedom_day_2_2

Six out of the ten states with the heaviest tax burdens and the latest Tax Freedom Days are in the Northeast:

  1. Connecticut (May 20)
  2. New York (May 16)
  3. New Jersey (May 10)
  4. Vermont (May 9)
  5. Rhode Island (May 9)
  6. Nevada (May 8)
  7. California (May 7)
  8. Washington (May 6)
  9. Massachusetts (May 6)
  10. Minnesota (May 4)

The ten states with the lightest total tax burdens celebrate Tax Freedom Day the earliest:

  1. Oklahoma (April 12)
  2. Alabama (April 12)
  3. Mississippi (April 13)
  4. Alaska (April 13)
  5. Tennessee (April 15)
  6. New Mexico (April 15)
  7. Louisiana (April 16)
  8. South Dakota (April 16)
  9. Texas (April 19)
  10. Idaho (April 19)

Tax_freedom_day_states

For criticism of the Tax Foundation’s methodology by the Center on Budget and Policy Priorities, see:

For the Tax Foundation’s response to this criticism, see Analysis of the Center on Budget and Policy Priorities’ Criticism of Tax Freedom Day and State-Local Tax Burdens.


About the Author

Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Ad: TaxAnalysis Award of Distinction. Honoring those that have made outstanding contributions to the field of taxation.
Information and rates on advertising on TaxProf Blog

3 responses to “Taxpayers Must Work Until April 30 to Pay Their Taxes (May 20 in CT, April 12 in OK)”

  1. Roth & Company, P.C. Avatar

    IT’S STILL APRIL 17 TO ME

    While us tax drones tend to view April 17, the deadline day, as tax freedom day, the Tax Foundation looks…

  2. Roth & Company, P.C. Avatar

    IT’S STILL APRIL 17 TO ME

    While us tax drones tend to view April 17, the deadline day, as tax freedom day, the Tax Foundation looks…

  3. Roth & Company, P.C. Avatar

    IT’S STILL APRIL 17 TO ME

    While us tax drones tend to view April 17, the deadline day, as tax freedom day, the Tax Foundation looks…

  4. Roth & Company, P.C. Avatar

    IT’S STILL APRIL 17 TO ME

    While us tax drones tend to view April 17, the deadline day, as tax freedom day, the Tax Foundation looks…

  5. pat Avatar
    pat

    For the heaviest tax burden states, they are blue states. For the lower tax burden states, they are red states.

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading