Just how free are you? It may depend on where you live. Tax freedom day is when your private property and earnings truly become yours. Until this date, you’re working just to pay the cost of federal, state, and local taxes. You can find where you stand on this with the chart below (click on the chart for an easier-to-read version).
Here in Georgia, we rank 15th on the chart below.
Dark red means your wallet is in a bad “state.”
A lighter shade of red means you’re closer to being in the “black”.
One of the first things clients learn about financial numbers is that they don’t mean much in isolation. The secret to reading financial reports is the ability to spot trends. Even our liberal-leaning friends can spot the financial trend in the chart below. Year by year, you’re becoming less free.
Are you getting tired of this trend? Would you like to keep more of what’s yours?
Remember that we’re just a click away when you need help.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
Latest posts by David Conley (see all)
- Should you be paying “your fair share”:
We destroy another tax myth with facts- March 20, 2019
- Cliff notes of the new tax law:
Our cheat sheet guide to tax reform- March 16, 2019
- March madness-tax humor:
Bracket can be in the eye of the beholder- March 10, 2019