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PBS News Hour

Spitzer: Richest Americans Would Still Work Facing 60% Tax

Despite myriad tax collections -- from income to Social Security, the U.S. still has a budget deficit of $1.3 trillion. In this Need to Know excerpt, Ray Suarez and a panel of experts including former New York Gov. Eliot Spitzer examine specifically how the country could raise more money while making the tax code fairer.
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November 27, 2025 - PBS News Hour full episode
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