PolicyBlog has moved!

Thank you for visiting, PolicyBlog has a new address.

Our new location is http://www.commonwealthfoundation.org/policyblog

Please adjust your bookmarks. Archived posts will remain here for now.

Thanks




Saturday, May 24, 2008

How much of your workday goes to pay taxes?

The Tax Foundation has put their Tax Freedom Day calculations into an eight-hour workday:

How Long America Works to Pay Taxes in an Eight-Hour Day Compared to Other Major Spending Categories, 2008

Federal Taxes

1 hour, 37minutes

Housing and Household Operation

1 hour, 19minutes

Health and Medical Care

1 hour, 6 minutes

All Other

58 minutes

State/Local Taxes

51 minutes

Food

46 minutes

Transportation

38 minutes

Recreation

28 minutes

Clothing and Accessories

17 minutes

Source: Tax Foundation

No comments: