On the recordFebruary 25, 1994
You are in the same category. This was put together by OMB to show what a great thing they have done. Down here it says ``future generations.'' Before we passed reconciliation last year, column 1 says that 93 percent of lifetime earnings would go for taxes. Then after we pass reconciliation, it is 82 percent; and then in the next two columns, if you assume health care reform and you assume the optimistic economic scenario of the administration, in 10 years, without a down blip at all, future generations will pay 66 to 75 percent of their net lifetime earnings in taxation.
Source
govinfo.gov
