Tax Rates Would Need to More Than Double If Entitlements Are Not Reformed

Garrett Murch
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Posted: May 14, 2009 2:23 PM
This chart from the Heritage Foundation makes clear the severity of the entitlements crisis.  Here are the income and corporate tax rates that would be required to pay for Medicaid, Medicare and Social Security (if they were to be funded through these taxes) if these programs are not reformed.  Frightening.

Increased Tax Rates