Taxes to Rise Slowly, Steadily to Beyond Historical Averages

Taxes will slowly but steadily climb over the next 25 years to levels beyond historical averages, affecting Americans at every income level, the Congressional Budget Office warns in a startling new report.

Titled "2014 Long-Term Budget Outlook," the agency paints a grim picture of the economic future for most taxpayers, especially for low-income earners, Politico reports.

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