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Johnston: Undertaxed Freedom Day 2010: June 12

Tax AnalystsDavid Cay Johnston has published Undertaxed Freedom Day 2010: June 12, 127 Tax Notes 1161 (June 7, 2010):

In this article, Johnston examines the meaning of Undertaxed Freedom Day, when individual income taxes equal interest on the federal debt; it arrives only one day later this year despite a 15% increase in the federal debt in 2010.

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