Tuesday, July 20, 2010

Tax Freedom Day

Today is the "tax freedom day" in Sweden this year. Daniel tells me that this means that if all of his income would be delivered to the government each year until all his taxes were paid, this day would be the first when he would keep his income, and the rest of the days of the year he would still keep the income. I cannot quite see the meaning of calculating a tax freedom day, but Daniel says it is an effective tool to describe the total amount of taxes paid by an average citizen in a country a certain year. The tax freedom day of Sweden this year is easy to compare with tax freedom days of other countries or of other years. This makes it easier to see who pays the most taxes in the world each year.

For me, the most important thing is that Daniel has enough money to pay for dog food. I guess he has got more money for dog food the less taxes he pays.

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