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By Daily Mail Reporter and Becky Barrow

PUBLISHED: 04:57 EST, 29 May 2012 | UPDATED: 04:57 EST, 29 May 2012

Today is the first this year that we started to earn money for ourselves instead of the taxman.

Tax Freedom Day is calculated each year by think tank the Adam Smith Institute by subtracting the money taken in all forms of tax from net national income.

This year we all had to work 149 days to pay off that tax.

For the taxman's coffers: Workers had to work an average of 149 days to pay off all forms of tax

Dr Eamonn Butler, the institutes director, said the theoretical date is the plainest way to show what the tax burden really is.

TFD was on May 28 in 2011, making it two days later this year, including a leap year day.

The think tank adds levies including VAT, income tax, national insurance, council tax, excise duties, air passenger taxes, fuel and vehicle taxes in its calculations.

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Tax Freedom Day: Today is the first day this year we earn for ourselves instead of the taxman

27-05-2012 10:11 Please Rate Up and Subscribe

Excerpt from:
Milton Friedman - Tyranny of the Status Quo - Part 3 - Politicians - Video

27-05-2012 21:18 Pictures of the tax Revolt in DC on 9.12.09

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TAX REVOLT MARCH ON WASHINGTON DC ON 9.12.09 - Video

27-05-2012 22:22 Please Rate Up and Subscribe Milton Friedman spoke about his career as an author and economist as well as his body of work. Among the topics he addressed were the influence of the Chicago school of economics, his perceptions of past presidential administrations, and America's attitudes toward money. He also responded to viewer questions and comments and was later joined by his wife. This program has a five minute break at approximately the two hour mark before continuing with the interview.

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In Depth with Milton Friedman w/ Q

28-05-2012 02:23 (With French to English Subtitles at 3:21 and 5:12) May 27, 2012 - David Love and Lone Ranger defy new Montreal mask law which bans the wearing of masks. Every person has fundamental freedoms, including freedom of conscience, freedom of religion, freedom of opinion, freedom of expression, freedom of peaceful assembly and freedom of association. This Charter Right ensures the security for any individual under the Act whose life, safety and security is subjected to a real threat of danger, personal safety and freedom from the stated policies of the Church of Scientology violate. The city of Montreal has imposed their own version of law while violating other more important, intrinsic rights and freedoms protected under the Quebec Charter. A 39 page formal complaint, will be submitted to the Quebec Human Rights Commission Monday morning, May 28, 2012 by David Edgar Love.

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David Love