American Tax Rates and The Challenge of Getting to a Balanced Budget

WASHINGTON - FEBRUARY 01:  Senate Budget Commi...

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Both sides of Capital Hill are now engaged in a serious conversation about the long-term dilemma of our current level of defense spending, taxation, entitlement spending and discretionary spending.   There is no reasonable way to solve this long term problem without a head-on addressing of the issues.

Mother Jones has a fascinating description of one part of the tax problem.

http://motherjones.com/politics/2011/04/taxes-richest-americans-charts-graph

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