- tax freedom day
- when dow first hit a dividend yield of 3% for the first time was august 28, 1993
- Since bailout package was passed on October 1, 2008 the Dow has fallen from 10,835 to 8,400.
- The rush to dividend paying stocks is alarming
According to the Tax Foundation this year Americans paid of their portion of the Federal tax bill, as measured in number of days, on the date of April 23rd. This was three days earlier, April 26th, than in 2007. If we review the chart on the number of days Americans achieved their "Tax Freedom Day" we find that during years with economic growth we take longer to obtain our freedom. During years of we near the end of this wild and crazy year we now need to look ahead to the time when we as citizens of this great nation must work off our portion of taxes to the government. As 2008 draws to a close it is well worth mentioning that we need to our tax information together for the upcoming filing season.
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