Raising taxes to help reduce the amount of overspending in the budget

Are you in favor of raising taxes to help reduce the amount of overspending in the budget? Explain why or why not. If you are in favor of raising taxes, identify who you believe should pay higher taxes: All Americans? Just wealthy Americans? What about corporations? If you believe wealthy Americans should pay more, define wealthy. For example, how much annual family income do you consider to be wealthy?

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