PolitiCollision - U.S. already has a steeply progressive tax system http://www.politicollision.com/story.php?title=u-s-already-has-a-steeply-progressive-tax-system On Tuesday, the Congressional Budget Office announced that the United States will face yet another $1 trillion deficit this year and is likely to be drowning in debt for the foreseeable future. Continued... Fri, 03 Feb 2012 09:45:12 EST en