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Taxation & Estate Planning

: TaxProf Blog

VAT Rates Needed to Erase Obama's Deficits

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The Tax Foundation has released VAT Rates Needed to Erase Obama Deficits: Although President Obama's recently released budget includes roughly $1.6 trillion in new tax revenues over the next ten years, it still racks up $7.2 trillion in deficits through 2021. We are often asked what kind of tax increases...

Full post as published by TaxProf Blog on February 20, 2011 (boomark / email).

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