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The Globe 100: The best of Massachusetts Business, 2009
Globe 100 | The Big Think

Poterba: Higher taxes likely inevitable

New taxes will be needed to pay for recovery

By James Poterba
May 19, 2009

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The federal government is cutting taxes, spending heavily, and running up trillions of dollars in deficits to stimulate the economy. Once a recovery gets underway, the priority will switch to balancing the budget in the face of rising government commitments, particularly Social Security and Medicare. (Full article: 293 words)

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