Martin FeldsteinIf
the United States avoids increasing government spending as a share of
GDP, it could actually lower tax rates since, given the U.S. tax
structure, revenue generated by income taxes rises faster than GDP. What
the country really needs now is to broaden
its tax base. Read
http://www.foreignaffairs.com/articles/138500/martin-feldstein/the-tax-hike-canard?cid=nlc-this_week_on_foreignaffairs_co-121312-the_tax_hike_canard_3-121312
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