About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

2011 Tax Watch 1 (2011)

handle is hein.taxfoundation/taxwtch0008 and id is 1 raw text is: The recession may be over, but Americans
are bracing for a new economic challenge:
a rising national tax bill. That's according
to the latest study of total tax burdens
from the Tax Foundation.

But while taxes are rising, they're still
well below the all-time high of 2000,
when taxes consumed one-third of
mcome and America worked until
May 2nd for government.

FOUNDATON
M e ss age f ro m
the President
U.S. Corporate
Tax Soon to Be
Highest in World
New Online Tools Give
Taxpayers the Facts
Cell Phone Taxes
Soaring in the States
By the Numbers
Media Impact Report;
State Policy Report .
What Will Be
Your Legacy?

Ap 12
v

According to the study, Tax Freedom
Day-the day each year when
Americans have earned enough to pay
for government and start working for
themselves--will arrive .April 12th this
year. That amounts to xvorking almost 30
percent of the year to pay for government
at all levels, the highest since 2008.

'As the economic recovery continues,
rising incomes push families into higher
tax brackets, said Scott A. Hodge,
President of the Tax Foundation. This
year's higher taxes were also caused by
a return of the death tax, and phase-ins
of tax hikes from the health care bill.

May 2

d)
,A&  IMM.A&M  mm     ARAM
or-lor-M M-M
is  go 0
AlItUrilu 3 Burcf0u,
--- Aw-
AV-AV  AV-,m      a
1;maxes Al'm Uvwn, but Kising tast

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most