What: “An Inconvenient Tax”
Date: Monday, April 16, 2012
Time: 6:00 p.m.
Location: ART 1.102
Format: Film explores the tax code; ways Congress uses the tax code to achieve political ends; and tax reforms. Live discussion will follow the screening.
Admission: Free; Open to UT and non-UT
Why care about the US tax system?
• American taxpayers spend $200 billion and 5.4 billion hours working to comply with federal taxes each year, more than it takes to produce every car, truck, and van in the United States.
• The IRS sends out 8 billion pages of forms and instructions each year. Laid end to end, they would stretch 28 times around the earth. Nearly 300,000 trees are cut down yearly to produce the paper for all the IRS forms and instructions.
• 100% of McCombs graduates will be subject to the US income tax. The average salary for recent McCombs graduates is $54,151 – this means they will be subject to about $7,130 in income tax.
Questions? Contact [email protected]
Submitted by Ally Newman