Don't be an April Fool Taken in by a Make-Believe Day

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April 10, 2008

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Every April, the Tax Foundation releases a report celebrating “Tax Freedom Day.” The Tax Foundation was founded in 1937 by the top leadership of General Motors, Standard Oil, and Johns-Manville Corporation. Its focus is to keep taxes low irrespective of the need for taxes in maintaining public infrastructure to support our economy and quality of life. "Tax Freedom Day" is a make-believe day based on disingenuous reasoning that has serious methodological flaws.