Sunday, April 12, 2009

TBWCYL Day 102 - Freedom!!!!

Today was kind of a pass for me. It is Tax Freedom Day. What that means is that for the 1st 101 days of the year, you have been working to pay your taxes and after day 101 you have now worked enough to pay your taxes for the year. On day 102 you have stared working for yourself.

I didn't know anything about this so I was pretty surprised by this knowledge. I didn't know this day existed but apparently the Adam Smith Institute calculates it. I looked the institute up and here is a little piece of knowledge you may not have known.

The UK's Tax Freedom Day fell on June 2 in 2008. That means that average Brits are spending more than five months of the year working for the Chancellor, rather than working for themselves.

God Bless America,

Newt

4 Ripples in the pond:

Girl Interrupted said...

That b@stard! *mutters and swears alot*

Know what's even worse?

His name is Darling!!!

Trinity said...

This is one of those times where being British isn't preferable.

Addy's Daddy said...

Americans start working for themselves earlier than the Brits, but I'm not sure we are actually taking more home on average because of the ridiculous cost of health care here. I know I'm not, what with taking Addison to the MD every two weeks (again today). Man, how I long for socialized health care. There, I said it!

Trinity said...

Well, we baby free healthy people bring home a lot so I am sorry your baby causes you so much strife in the pocket book. Maybe if you weren't so sickly she would have been healthier and could avoid some of these visits.