Tax Freedom Day: Unlucky for Some
From the desk of Elaib Harvey on Tue, 2007-07-10 15:27
According to the Adam Smith Institute Tax Freedom Day in the UK is June 1st. Or the Brits are working a full 5 months for the Government before they are working for themselves.
But spare a thought for the poor Germans. The German version of the Taxpayers Alliance is the Bund der Steuerzahler and they have calculated that the Teutons' Tax Freedom Day is Friday July the 13th.
Tax Freedom Day 2007 is on Friday, 13 July. Studies by the Taxpayer Federation found that Germans starting working for their own purses on this day work starting from this day. Everything earned before this date, goes straight to the state. Last year the Tax Freedom Day was on 5 July. Thus the day has moved eight day back.
