Happy Tax Freedom Day

The Fisherman wishes you all a Happy Tax Freedom Day.

Tax Freedom Day marks the point in the tax year when the average taxpayer should have earned enough to pay for his taxes etc. From today onwards, he can now start earning for himself.

To give an indication of the growing tax burden, Tax Freedom Day comes later and later each year. The Fisherman supports calls for the day to be made a public holiday, so as to focus all our minds on how much tax we are actually paying. Maybe then, politicians would think twice before reaching for the tax levers.

Courtesy of the Adam Smith Institute, here are the dates for Tax Freedom Day for the last five years:

2002 - 27 May

2003 - 24 May

2004 - 26 May

2005 - 30 May

2006 - 1 June

Happy Tax Freedom Day, enjoy your freedom.