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Heritage’s Bill Beach: Fix the Debt, or Taxes Will Double for Millennials

Posted By Josh Shepherd On July 21, 2011 @ 1:36 pm In Economics | Comments Disabled

In a new interview with The Boundless Show, Bill Beach of The Heritage Foundation shocked host Lisa Anderson and her young-adult audience with his statement: “If we don’t immediately act to solve the debt crisis, what will happen is tax rates will basically double by the time the current millennial generation is in their 50’s—which isn’t that far away.“

Bill Beach on The Boundless Show [1]

Their discussion was based on Heritage’s recent report Slay the Beast: How You Can Save Us from the Massive Debt. A presentation [2] Beach and co-author Rob Bluey have given across the country, Slay the Beast reveals principles for college students and young professionals to weather the current recession and what they can do to fix our nation’s fiscal crisis. 

A webzine of Focus on the Family, Boundless offers articles and advice for young adults–listen to the full episode featuring Bill Beach here [4]. Visit www.heritage.org/SlayTheBeast [5] to download and print an electronic version of Slay the Beast: How You Can Save Us from the Massive Debt.

Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2011/07/21/heritage%e2%80%99s-bill-beach-on-boundless-fix-the-debt-or-taxes-will-double-for-millennials/

URLs in this post:

[1] Bill Beach on The Boundless Show: http://thf_media.s3.amazonaws.com/2011/mp3/BoundlessShow-BillBeach.mp3

[2] presentation: http://blog.heritage.org/2011/06/16/slay-the-beast-how-you-can-save-us-from-the-massive-debt

[3] Slay the Beast: How You Can Save Us From the Massive Debt: http://www.slideshare.net/theheritagefoundation/slay-the-beast-how-you-can-save-us-from-our-massive-debt

[4] here: http://www.boundlessline.org/2011/07/show-me-the-money-episode-181.html

[5] www.heritage.org/SlayTheBeast: http://www.heritage.org/SlayTheBeast/

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