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J.D. Foster Presentation on Taxes to the Chicago Committee for Heritage 1/20/2010
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J.D. Foster Presentation on Taxes to the Chicago Committee for Heritage 1/20/2010
1.
2.
3.
Federal Receipts Return
to Normal (as percent of GDP)
4.
While Spending is
Far Above Normal (as percent of GDP)
5.
Producing Unsustainable Deficits
(as percent of GDP)
6.
And Unsustainable Federal
Debt (as percent of GDP)
7.
Entitlement Spending Soars
(Spending as a share of GDP)
8.
Entitlement Spending Exceeds
Revenues
9.
Income Tax Rates
More Than Double
10.
11.
12.
13.
14.
15.
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