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A Taxing Workload
Please note: This item is from our archives and was published in 2007. It is provided for historical reference. The content may be out of date and links may no longer function.
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TOPICS
NUMEROLOGY
Americans worked an average 116 days last year to pay their taxes, with federal taxes accounting for 77 days and state/local taxes, 39 days. How does this measure up against your other major expenses?
Housing and household operation: 62 days Health and medical care: 52 days Food: 30 days Transportation: 30 days Recreation: 22 days Clothing and accessories: 14 days All other: 39 days
Note: “All other” grouping includes a two-day negative rate for savings.
Source: The Tax Foundation, www.taxfoundation.org .
