Tax Freedom Came to NC Tuesday

RALEIGH — Tax Freedom Day, the day working Americans pay off their federal and state taxes, will be celebrated nationwide on Sunday, the earliest such day in 37 years, the Tax Foundation says. April 11 is three days earlier than 2003’s Tax Freedom Day and 21 days earlier than in 2000, when the economy’s boom and bubble pushed tax burdens to a record high, and Tax Freedom Day did not arrive until May 2. Tax Freedom Day is the day when Americans will finally have earned enough money to pay off their total tax bill for the year. In North Carolina, Tax Freedom Day came a few days earlier, on April 6.