Happy Tax Freedom Day, Pennsylvania!
Happy Tax Freedom Day!
It took from January 1 until today for Pennsylvanians to have earned enough income to pay off their federal, state, and local taxes for the year.
This year, Pennsylvania’s Tax Freedom Day falls on the same day as the national average, April 21. In 2011, Pennsylvania marked Tax Freedom Day an entire week earlier on April 14.
The Tax Foundation’s annual Tax Freedom Day is a tool for highlighting the total cost of taxes, as few people truly realize how much of a bite taxes take out of our economy.
This year, taxes will consume nearly one-third of our income—more than we pay for housing, food and clothing combined.