IN COLORADO, TAX FREEDOM DAY IS APRIL 24, FIRM SAYS

Starting Monday, what Colorado taxpayers make will be theirs to keep, according to the Tax Foundation, a tax policy research firm.

The average taxpayer in the state will have made enough to cover federal, state and local tax obligations as of April 24, what the group calls Tax Freedom Day. That’s the same point as in 2016, but down from 2015’s Tax Freedom Day of April 25, and up from April 22 in 2014.

Tax Freedom Day nationally this year came on April 23, so Colorado is only a day behind. But among states, it ranks 37th for the latest break-even day.

Connecticut taxpayers on average have to work until May 21 to cover their taxes, while those in New Jersey must work until May 13 and New Yorkers until May 11. At the other extreme, Mississippi residents have the lightest tax burden, which they cover by April 5, followed by Tennessee on April 7 and South Dakota on April 8.

Colorado’s state and local tax burdens aren’t extreme compared to some of the coastal states, ranking 21st among states, said Morgan Scarboro, a policy analyst at the Tax Foundation.

But households here have higher incomes on average — ranking 13th-highest on a per capita basis.