It’s been eye-opening for me what the figures can tell us.

I call it my Tax Freedom Day (TFD) and this time for 2025.

We’ve kept detailed Australian figures for years now but noticed that the timing and numbers are quite similar for most other ‘western’ nations where reasonably accurate taxation and GDP figures can be obtained.

The latest TFD report has been posted to the PSE site as an e-book, which you can download Completely Free

Notice how the TFD day extends (blows out) as the real estate cycle gets into full swing (The recent post World War II cycles at least). TFD day then recedes as each real estate cycle extreme takes place and we enter recessionary conditions.

Should this trend continue, and if you still have another 30 years of work in front of you, then you will devote at least 11 of those 30 years solely to paying your government taxes.