ACR 167 Summary

• Recognizes April 24, 2016, as the nation's "Tax Freedom Day" in honor of hardworking families, individuals, and businesses.

• Acknowledges that taxpayers must work from January 1 through the 115th day of the year (April 24) to earn enough money to pay all federal, state, and local tax bills before spending on essentials.

• Notes that California's Tax Freedom Day falls on April 30, 2016, which is 6 days later than the national average according to the Tax Foundation's calculation.

• References that Tax Freedom Day has been steadily increasing since 2009, reflecting rising government spending relative to national income.

• Directs the Chief Clerk of the Assembly to transmit copies of the resolution to the Governor and the bill's authors for distribution.