Detailed text transcripts for TV channel - FOXNEWS - 20130306:23:38:00
Benefits will be cut enormously. >> how much does the taxes go up? they found the young would face staggering tax increases in decade to come. taxes would have to increase by a whopping 86% in 2050 to drive the top rate of 73%, the highest since 1980. corporate rates would have to increase from 35 to 65%. >> it is clear you have to make explicit tax increase if you dont change the benefit of those programs specificall specifically. >> the cost of entitlement will increase the debt to unsupportab...
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