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Retirement Saving Incentives and Personal Saving (PDF)
Tax Notes via Urban Institute 
Dec. 28, 2004 1 page. "The personal savings through the third quarter is about $82 billion, while the Office of Management and Budget projects that taxexpenditures on pension benefits will total roughly $163 billion for the fiscal year. One reason for those trends is that the government does not really subsidize saving. It subsidizes deposits, which can then be borrowed for consumption." MORE >> |
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