On Monday April 30, the American taxpayer will celebrate. While most of us have filed our tax returns for 2006 already (does it surprise you that many still have not - or never file at all?), on Monday, Tax Freedom Day will be commemorated.
Tax Freedom Day is the day during the calendar year when most Americans have satisfied their "tax bill" for the year and that everything we make from this point on is "ours."
It is noteworthy that Tax Freedom Day arrives two days later this year than last. It is nearly two weeks later than in 2003, when tax cuts made for an early arrival of Tax Freedom Day.
So get out there and buy something. You can now afford it.
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