SACRAMENTO
– Tomorrow Californians can finally celebrate Tax Freedom Day, a full
six days later than last year, says George Runner.
“Unfortunately,
Californians must work 120 days this year to pay their full tax bill,”
said Runner. “California’s burdensome tax climate continues to stifle
its citizens, creating
a difficult economic environment in which to live and work.”
Tax
Freedom Day, calculated annually by the Tax Foundation, is the day
Americans have earned enough money to pay their annual tax obligations
at the federal, state and local
levels. This year’s national Tax Freedom Day arrives on April 21.
According to the Tax Foundation, Americans total tax bill comes to $4.5
trillion in 2014.
In
California, Tax Freedom Day arrives on April 30. Compared to other
states, California’s Tax Freedom Day is the fourth latest in the nation.
Only Connecticut, New Jersey
and New York have later dates.
Learn more about Tax Freedom Day at
www.taxfoundation.org/