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Free at Last! Free at Last!

If it seems like your taxes were higher than ever this year, you’re probably right. This year’s Tax Freedom Day was May 5, the latest it has ever been. That means that the average American worked 125 days just to pay state, federal, and local taxes. On average, every cent we earned from January 1 to May 5 went to some level of government.

Year   Tax Freedom Day 
1945     April 1
1950     April 3
1955     April 9
1960     April 17
1965     April 15
1970     April 28
1975     April 28
1980     May 1
1984     April 28
1985     May 1
1986     May 2
1987     May 4
1988     May 2
1989     May 3
1990     May 5

Source: Tax Foundation 

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