How high will taxes go?

By Matt Hawes

Previewing what will, thanks to continuing recklessness by an out of control federal government, soon become a dominant item of national conversation, Time asks the question, “What are we going to have to do to pay the bills?”

Higher taxes are coming soon, however – and they will hurt. By some estimates, the tax burden on Americans could double before the end of this decade. The only question is: What form will these new taxes take?….

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