Tax Freedom Day Means Your Money is Your Own
The official Tax Freedom Day this year, based on the average taxpayer paying federal and state income taxes, was May 3, 2001. The actual Tax Freedom Day varies by state, since each state has different rules and rates for income tax, and the state in which you live can affect the federal taxes that you pay as well.
Connecticut, for example, has the highest state income tax burden in the country and as a result won't celebrate Tax Freedom Day 2001 until May 25. Residents of other states have already passed their Tax Freedom Day. Check to see when you can call your income your own on the Tax Freedom Day by State  chart.
At the Tax Foundation's Web site  you can study a breakdown of how tax dollars are spent and how many days you must work to pay for each facet of the federal budget.