It’s Tax Freedom Day! Do you know what that means? In the 1940s, Tax Freedom Day was conceived to help us understand how much of our money goes to taxes.
It all started with a question. Suppose the average working American gave their entire paycheck to the government beginning on the 1st of January. How many days would it take before they would keep all their money? The day their wages would become their own is April 18th, Tax Freedom Day.
Factoring taxes and their rates into your budget is positively impactful. Wondering how so? As a Choice Insurance client, you have access to FreedomU, where we talk taxes and house a financial wellness program.
Get started with FreedomU
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