until I can keep my income!
'As the report explains, this is the day that "represents how long Americans as a whole work into the year before they have earned enough money to pay all federal, state and local taxes for the year."
The national average is April 21 -- almost a week after the federal filing deadline,
Of course, your mileage may vary, even within these state-by-state figures. But you can get a rough idea how you fare against other people...
"Tax Freedom Day rankings square unsurprisingly well with overall measures of state and local tax burden," comments J.D. Tuccille at Reason. "The five highest taxed states, reports the Tax Foundation, are New York, New Jersey, Connecticut, California and Wisconsin.
Wyoming, Alaska, South Dakota, Texas and Louisiana are the least burdensome.
"Business tax climate also corresponds closely with Tax Freedom Day. The states least favorable to business are New Jersey, New York, California, Minnesota and Vermont.
By contrast, Wyoming, South Dakota, Nevada, Alaska and Florida hold the top spots."