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What Happens with the National Debt

The Political Orphanage

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The New Tax Rates Will Help Balance the Budget

Congress announced new tax rates today in an effort to balance the federal budget without resorting to dire spending cuts. Next fiscal year, the top marginal tax rate will become 95%. Although analysts warn, this may prompt billionaires to flee to off-world Martian tax havens. In other news, Meghan Markle has seized the Falkland Islands in retaliation for losing this year's America's Got Talent.

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