This might have you breathe a sigh of relief, or maybe even motivate you to work a little harder. Today is May First, but in California, it’s also Tax Freedom Day…
The Tax Foundation complies the statistics for each state based on various taxes, fees, and other assessments that you are paying to various government entities, and California has the fifth latest Tax Freedom Day, behind only Massachusetts, New York, New Jersey, and Connecticut. Nevada County’s representative on the State Board of Equalization George Runner says that wouldn’t be so bad if we were getting our money’s worth…
Runner also suggests that because of the gas excise tax and vehicle fee increases, Tax Freedom Day is likely to be a little later next year.
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