Friday, April 27, 2007
Tax Freedom Day
As of Tuesday of this week, 24 April 2007, I am officially working for myself and not the tax man. The Centre for Independent Studies has calculated that, on average, the money earned by Australians up to that day is sufficient to satisfy the average amount of tax paid for the calendar year. So for the rest of the year the money is all mine.
Tax freedom day for the US will be 30 April and for the UK it will be 1 June.
