The Tax Foundation - Tax Freedom Day to Arrive April 12 in 2011; Historically Massive Deficits Increase Burden of Government Spending

Washington, DC, March 30, 2011 - Tax Freedom Day will arrive on April 12 this year, the 102nd day of 2011, according to the Tax Foundation's annual calculation using the latest government data on income and taxes. Americans will work well over three months of the year—from January 1 to April 12—before they have earned enough money to pay this year's tax obligations at the federal, state and local levels.

In the new study Tax Foundation Special Report No. 190, 'Tax Freedom Day Arrives on April 12,' Tax Foundation Staff Economist Kail Padgitt, Ph.D., traces the course of America's tax burden since 1900, examines the composition of today's tax burden by type of tax, and calculates a Tax Freedom Day for each state."