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Americans spend more on taxes than food, clothing, housing combined
washingtonexaminer.com
A tax advocacy group on Wednesday revealed that Americans spend more on taxes than their whole budget for food, clothing and housing.
The Tax Foundation, in its annual report on when the nation as a whole has earned enough to pay its taxes, announced the date as April 24.
"Tax Freedom Day gives us a vivid representation of how much federal, state, and local tax revenue is collected each year to pay for government goods and services," said Tax Foundation Analyst Scott Greenberg.
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