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And as the President promised, millionaires and billionaires will also begin doing more to help pay down the deficit through a combination of permanent tax rate increases and reduced tax benefits.
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The path back to stronger growth, argues Mr. Alesina, is a combination of significant, permanent cuts in public spending and relatively small tax increases, if any.
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Best had the looks and charm to match his talent, a combination that meant he lived his life on and off the field under a permanent media spotlight.
BBC: George Best features on a set of Royal Mail stamps.