Domestic Taxes

Conservatives mark ‘Tax Freedom Day’

{mosads}The foundation also noted that tax burdens vary by state, with residents of states like New York, New Jersey and Connecticut yet to pay off their tax burden. Taxpayers living in Mississippi, Louisiana and Tennessee were the first to pay off their full bills.

“Government overspending leads to punishing tax hikes that hobble economic growth, stifle job creation and discourage entrepreneurship,” Tim Phillips of Americans for Prosperity said in a Tax Freedom Day statement. “We cannot expect to see real economic recovery until government stops overspending and lessens the tax burden on American workers.”