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Should Congress raise taxes to shrink the deficit? Or should it only cut spending?

However you come down on the matter, Mario Rizzo reminds us that higher taxes are already on the way.

Sheldon Richman

Sheldon Richman is the former editor of The Freeman and TheFreemanOnline.org, and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families.