1/31/2012

CBO: Taxes Will ‘Shoot Up by More Than 30 Percent’ Over Next 2 Years

Posted by Brian




(CNSNews.com) - The amount of money the federal government takes out of the U.S. economy in taxes will increase by more than 30 percent between 2012 and 2014, according to the Budget and Economic Outlookpublished today by the CBO.
At the same time, according to CBO, the economy will remain sluggish, partly because of higher taxes.

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