Today is April 29, the anniversary of the passage of the “People’s Budget” in Britain in 1910, the first budget in history with the intention of taxing wealth to redistribute it.
- Oregon Initiative...
The Pain of Tax Day Is Only Getting Worse
By Mike Whalen
This week, millions of Americans were painfully reminded of just how much of their hard-earned money goes to fund Uncle Sam's spending addiction. Tax Day was on Tuesday, April 17, the deadline for filing taxes for 2012. As the Heritage Foundation points out, April 17 was also Tax Freedom Day: the day when Americans finally earn enough income to pay off the bill for all federal, state, and local taxes for the year. It was four days later than last year, due to higher taxes, according to the nonpartisan Tax Foundation.
Full article here.
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Today, the Tax Foundation released our new research on Initiative Petition 28 in Oregon, entitled “Oregon Initiative Petition 28: The Threat to Oregon’s Tax Climate.” If adopted, Oregon would rank worst in the nation on...