This brief Time.com article says a lot! Four common myths.

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szh
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http://business.time.com/2012/12/26/fou ... tter-daily

The article debunks four common myths - for a change, the media gets it right!

Myth 1: The Bush cuts in tax rates caused the deficit.

Myth 2: Taxes are lower than they used to be.

Myth 3: U.S. income taxes aren’t very progressive.

Myth 4: Raising tax rates will fix America’s budget problems.

Well worth the read!

Z

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