abstract:Tax Freedom Day is the first day of the year in which a nation as a whole has theoretically earned enough income to fund its annual tax burden. It is annually calculated in the United States by the Tax Foundation—a Washington, D.
TaxFreedom Dayis just oneof the Adam Smith Institute'smanyinitiatives-butit has become anational institution, and givespeopleaclear picture of how thetaxburdenis rising.