Tax Freedom Day is the day that Americans, collectively, will earn enough to pay their tax bill for the current year. Tax Freedom Day takes all federal, state and local taxes and divides them by the nation’s income. This year Americans will pay $3.5 trillion in federal taxes and $1.6 trillion in state and local taxes, for a total bill of $5.1 trillion (that’s 31 percent of the national income). For 2017 national Tax Freedom Day is April 23rd, but since each state (because of varying state and local tax rates) has a different tax burden, taxpayers in each state will achieve tax freedom at on di...