Wednesday, April 15, 2009

Bogus Tax Freedom Day

Posted By on Wed, Apr 15, 2009 at 8:03 AM

Every year, the Tax Foundation announces Tax Freedom Day—the day that Americans have supposedly worked enough days to pay their taxes. And every year, some poor saps in the media fall for it.

It's a bogus statistic because of the progressive nature of income taxes. The rich pay a whole lot more than the poor, so there is no real average that means anything at all.

As the Center for Budget and Policy Priorities points out:


The Tax Foundation’s “Tax Freedom Day” report is plagued by two major problems. First, its estimates of state and local tax burdens suffer from a number of serious methodological flaws (see the box below). Second, over the years, many journalists and policymakers have misinterpreted the Tax Foundation’s report as reflecting the tax burdens faced by typical middle-income workers.

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Jim Nintzel

Today | Thu | Fri | Sat | Sun | Mon | Tue
PiYo Strength Class

PiYo Strength Class @ Floor Polish

Thursdays, 4:30-5:30 p.m.

All of today's events | Staff Picks

Staff Pick

Arizona-Sonora Desert Museum Cool Summer Nights

Beat Arizona heat and enjoy a family-friendly outing during the Desert Museum’s Cool Summer Nights. The stunning… More

@ Arizona-Sonora Desert Museum Saturdays, 5-10 p.m. Continues through Sept. 2 2021 N. Kinney Road.

» More Picks

Submit an Event Listing

Popular Content

  1. BASIS Connives to Maintain Its Elite Charter School Status in Baton Rouge (The Range: The Tucson Weekly's Daily Dispatch)
  2. McCain Returns to Senate To Push Mystery GOP Healthcare Bill Forward (The Range: The Tucson Weekly's Daily Dispatch)
  3. Head Back East with the Kingfisher's Summer Road Trip Menu (The Range: The Tucson Weekly's Daily Dispatch)
  4. Tour Diaries! XIXA Days 10 and 11: On the Road From Switzerland to Italy. Also, Fetching Slovenian Checkpoint Guards! (The Range: The Tucson Weekly's Daily Dispatch)
  5. Cinema Clips: Killing Ground (The Range: The Tucson Weekly's Daily Dispatch)

© 2017 Tucson Weekly | 7225 Mona Lisa Rd. Ste. 125, Tucson AZ 85741 | (520) 797-4384 | Powered by Foundation