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Politics : View from the Center and Left

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To: Mary Cluney who wrote (144188)	9/15/2010 8:48:59 AM
From: Steve Lokness	Read Replies (1) of 541977

Mary; Bill Clinton showed us that we could be responsible, do good, and allow more people to live prosperous live. We could run budget surpluses, pay down the +debt, and not raise taxes. You have this all wrong - this is exactly the teabag party ideology. .......Clinton in fact created a smaller government and raised taxes; # It created 36 percent and 39.6 income tax rates for individuals in the top 1.2% of the wage earners. # It created a 35 percent income tax rate for corporations. # The cap on Medicare taxes was repealed. # Transportation fuels taxes were raised by 4.3 cents per gallon. # The taxable portion of Social Security benefits was raised. # The phase-out of the personal exemption and limit on itemized deductions were permanently extended. Plus if you remember he also reformed welfare. I'm great with discussing the wisdom of Clintons deficit reduction, but you need to remember what really took place. Besides the above tax increases, Clinton also cut the military. None of these things is Obama doing. en.wikipedia.org

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