Tax Freedom Day is here!

Yes—the day you've been waiting for is finally here.

For every day of 2017 up to and including most of June 11th, every pound the average Brit earned went to Philip Hammond and the government. June 12th is the first full day where the national income is being paid into your pocket, and not to the taxman.

To learn more about Tax Freedom Day—how it is calculated, how it has changed over time, and what it really means, go to our Tax Freedom Day info page or read my CapX essay explaining it in detail.

And for more info on why we at the ASI think too much tax can be damaging, read my explanation of the ASI's tax research and priorities—there are many links there to info and arguments about taxation in the UK and around the world.