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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