Can a higher income tax close the deficit?

Recent News — By on April 22, 2010 at 2:55 PM

(The Tax Foundation) The trouble with political discourse about the federal deficit is that voters are often numb to the subject, and as a result, politicians are able to avoid the unpopular votes for cutting spending or raising taxes. Whether deficits are expressed in hundreds of billions of dollars or percentages of GDP, their importance is hard for leaders to convey or for the public to grasp.

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