Looking forward to tax freedom day April 21, Americans spend more on taxes than food, clothing and housing combined.
"“Tax Freedom Day is three days later than last year due mainly to the country’s continued slow economic recovery, which is expected to boost tax revenue especially from the corporate, payroll, and individual income tax,” authors Kyle Pomerleau and Lyman Stone write.Tax freedom day for Ohioans is later.
If federal borrowing is included, the group calculated that Tax Freedom Day would fall 15 days later on May 6."
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