How many days do I have to work to pay my taxes?

How many days do I have to work to pay my taxes?

Jordan Goodman (Personal Finance Author) gives expert video advice on: How many taxes does the average American pay?; How much of my earned income does the government take?; What does the government do with my money? and more...

There is something called The Tax Foundation which every year takes a look at the total of the tax burden and sees how many days you have to work before you have payed off your tax liability. Typically it's into about early May for most people. That's been creeping outward a little bit as taxes have gone up for an awful lot of people. It depends on your situation, how much income you earn, and how much you pay in taxes. Typically it's going to take about 5 months of the year to pay off the taxes you owe.