This chart is produced by the Congressional Budget Office (CBO). It shows that tax rates would double by 2050 for
everybody to cover just the deficits in entitlement spending through income taxes. Remember, this does not include spending for defense, roads, etc. and it is also before the additional burdens of state income taxes, property taxes, sales taxes, government "fees", etc. are added to the pile. The Emperor has no clothes. It's time for the Feds to enter the 12-step program
Spender's Anonymous. Now.
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