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Warren Buffet’s case for the Ryan budget

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In today’s New York Times Warren Buffett makes the case for higher taxes on the rich writing: Our government’s goal should be to bring in revenues of 18.5 percent of G.D.P. and spend about 21 percent of G.D.P. — levels that have been attained over extended periods in the past and can clearly be reached again. As the math makes clear, this won’t stem our budget deficits; in fact, it will...

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