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Tipsheet

$1 Trillion Tax Increase Coming

Katie Pavlich
Katie Pavlich | July 15, 2010 10:25 AM
$1 Trillion Tax Increase Coming
President of Americans for Tax Reform Grover Norquist is predicting that taxes will increase by $1 trillion over the next decade when the Bush tax cuts expire at the end of December. The increase would affect every American family, and once again will break President Obama's campaign promise not to raise taxes on anyone making less that $250,000 per year.
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