April 21st is National Tax Freedom Day, the day when the nation as a whole has earned enough money to pay off its total tax bill for the year. This year’s date is three days later than last year - meaning Americans are paying more to meet government’s needs than in 2013.
But that’s not all for Illinois taxpayers.
The Tax Foundation found that taking state taxes into consideration, Illinois' actual Tax Freedom Day is two days later - Wednesday, April 23.
As for our Midwestern neighbors, all are free sooner than Illinois taxpayers. Indiana’s Tax Freedom Day is April 14, Kentucky’s is April 9, Missouri’s is April 7, Iowa’s is April 9 and Wisconsin’s in April 21.