< / > Click here to embed this graphic on your website
There’s nothing better in a game of Monopoly than to pass go and collect your extra $200. You don’t have to sacrifice anything and the bank doesn’t miss it, but it’s not a cure-all if you’ve made some bad spending decisions before snagging that cash. It’s logical that most players understand that, but it seems debt-ridden Washington might need a refresher on the rules. Wanting to avoid spending cuts, some think that raising taxes will be its own “get out of debt free” card, but is that true? We take a look at the projected effect tax increases have on our future debt, and the books just don’t balance.