Posted on May 2, 2012

Every year the Tax Foundation, a nonpartisan educational organization, calculates each state’s “Tax Freedom Day.” Tax Freedom day is the date when residents have earned enough money during the year to pay their combined local, state and federal taxes, and begin to keep what they earn. Connecticut’s Tax Freedom Day has been calculated as May 5th this year – the latest occurring in the nation because Connecticut has the highest tax burden per capita of any state.

The unfortunate distinction of having…