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Raising Taxes Topics

As Low Rates Depress Savers, Governments Reap the Benefits

Low interest rates let governments keep their borrowing costs low, helping them live within their budgets without having to raise taxes or cut spending.

 

Raise taxes on super rich, not semi-rich: poll

Less than a quarter of wealthy Americans support raising taxes on households making $250,000 or more a year, the level being targeted by President Barack Obama, though tax increases further up the income scale have broader support, said a poll released on Tuesday.

 

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