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Wednesday, November 5, 2014

Taxes

News                                                                                                                             
Real Clear Markets | Congress Reaches Debt-To-Tax Ratio Unseen Since WWII
For Franklin, death and taxes were certain; for Washington, debt and taxes are. Succinctly, Washington has reached a debt-to-tax ratio unseen since WWII. The fundamental difference in composition and trajectory make this a far greater concern today than it was 60 years ago.