In 2012, Illinoisans will have to work 114 days to earn enough to pay their combined federal, state and local tax bill – seven days longer than the average of all the states. The Tax Foundation released their annual “Tax Freedom Day” report, which determines how long residents must work to pay off all tax...

by Emily Dietrich In April, Americans celebrated Tax Freedom Day – the day of the year on which workers’ have earned enough money to pay all their annual taxes at the federal, state and local level. Liberating, right? Not so fast. When total government spending and costly regulations are factored into the government’s price tag,...

by Amanda Griffin-Johnson Today, the Tax Foundation released their annual report on the Tax Freedom Day for each of the fifty states. The Tax Freedom Day measures the number of days Americans have to work to pay for all their annual taxes at the federal, state and local level. The national Tax Freedom Day for 2011 is...

Tax Freedom Day