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Cold night ahead with surface high pressure in the region. Winds will become southeast Friday into the weekend as high pressure moves east. An increase in clouds will occur as well. Next cold front due in late Monday with a chance of showers and maybe a thunderstorm. ...

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Tax Freedom Day

WASHINGTON, D,C. - Tax Freedom Day is April 18 this year in the U.S. and April 30 in Texas.

Click here for more information about Tax Freedom Day

Tax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for the year. A vivid, calendar based illustration of the cost of government, Tax Freedom Day divides all federal, state, and local taxes by the nation’s income.

In 2013, Americans will pay $2.76 trillion in federal taxes and $1.45 trillion in state taxes, for a total tax bill of $4.22 trillion, or 29.4 percent of income.

April 18 is 29.4 percent, or 108 days, into the year.


 

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