Today's the deadline for filing your federal, state and local income taxes. After today, if you owe taxes, you will be hit with a penalty.
Of course, if you owe a lot of tax money, you will be hit with an under-payment penalty even if you meet the filing deadline.
Next Monday, April 21, is Tax Freedom Day. But is there such a thing as "tax freedom"?
Tax Freedom Day is the day when the nation as a whole has earned enough money to pay off its total tax bill for the year. Don't be confused. It doesn't mean the nation's indebtedness has ceased.