Tax freedom day 2007

Here's a state-by-state ranking of when you will have earned enough to pay off your taxes.


NEW YORK (CNNMoney.com) -- Americans this year will have earned enough to pay off all their taxes at the federal, state and local levels by April 30, assuming a 7-day workweek, according to estimates by the Tax Foundation.

Since states and local governments can choose for themselves how much to tax income, sales, property and other transactions, and because residents in some states make more than others and hence pay more federal tax, "tax freedom day" comes earlier in some places than others.

See how your state ranks below. Top of page

 

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.