Tuesday, April 12, 2011

Happy Tax-Freedom Day! EXCEPT Connecticut

Today, April 12 is the nation's Tax Freedom Day®! Tax Freedom Day measures how long Americans work to earn enough money to pay this year's tax obligations at the federal, state and local levels. This year it was 102 days.

Unfortunately, in Connecticut, Tax Freedom Day® does not arrive until May 2 - the latest in the United States of America. Yes, Connecticut is the most expensive place to live if you pay taxes.

The amazing part about Connecticut being number one Tax Freedom Day® is that "prize" is BEFORE we calculate Governor Malloy's proposed tax increases of $1,500,000,000. I guess next year we will wait until July for Tax Freedom Day® next year.....