image005-43National Tax Freedom Day® 2017 – the date when the nation as a whole has earned enough money to pay its total tax bill for the year was April 23.  Americans will pay $3.5 trillion in federal taxes and $1.6 trillion in state and local taxes, for a total bill of more than $5.1 trillion.  Americans will collectively spend more on taxes in 2017 than they will on food, clothing, and housing combined.

This year, Americans will work the longest—46 days—to pay federal, state, and local individual income taxes. Payroll taxes will take 26 days to pay, followed by sales and excise taxes (15 days), corporate income taxes (10 days), and property taxes (10 days). The remaining six days are spent paying estate and inheritance taxes, customs duties, and other taxes.

Source:  Tax Foundation