The document discusses federal tax revenues and tax rates if Congress does not act to balance the budget. It shows that if no action is taken, federal tax revenues will increase substantially as a percentage of GDP through 2082 due to an aging population and increasing healthcare costs. It also notes that the top 10% of taxpayers currently pay 71% of all federal income taxes.

1. What Washington Wants To Do With Your Taxes Alison Fraser The Heritage Foundation Chicago, IL January 2010

3. Total Tax Burden If Congress Does Nothing Federal Tax Revenues as a Percentage of GDP, 1965-2082

8. What would balancing mean for tax rates on our children? Source: Congressional Budget Office

14. The Top 10 Percent Paid 71 Percent of Federal Income Tax