Tax Freedom Day is a reference to a day that a country has earned enough money to pay for running its government in a financial year, and it is estimated to be on May 14 this year. That is two days later than last year’s prediction.
According to Garth Zietsman, a statistician who analyses and writes for the Free Market Foundation, the prediction is based on the intended level of tax collection for the central government mentioned in the budget speech. “Typically, the actual figure – which is the general government revenue as
