Tax Freedom Day Passes for Louisiana, but Ignores Federal Deficit

By Robert Ross

04/01/2011

The Tax Foundation states that the 2011 Tax Freedom Day will fall on April 12th. However, if the federal government were to collect enough taxes to finance all of its spending - $1.48 trillion more in tax revenue - that would extend Tax Freedom day to May 23rd, the latest deficit-inclusive Tax Freedom Day since World War II.

TAGS: Kail Padgitt, Tax Foundation, Tax Freedom Day

The Proposed Freeport McMoran Settlement: Ineffective by Design

The proposed settlement is heralded by some as a major victory, supposedly securing $100 million for the state to use for coastal restoration. In reality, the proposed settlement, if adopted, would yield nowhere near $100 million and divert much of the money it did raise to unrelated government spending. Two key flaws undermine the settlement’s...

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