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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Jan 13 4:00 PM EST

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To: GROUND ZERO™ who wrote (172138)	4/22/2022 2:14:12 PM
From: sunabeach	Read Replies (2) of 221712

So wiki has it wrong? Wouldn't be the first time. "The U.S. had strong economic growth (around 4% annually) and record job creation (22.7 million). He raised taxes on higher income taxpayers early in his first term and cut defense spending and welfare, which contributed to a rise in revenue and decline in spending relative to the size of the economy." And Forbes Magazine too? "The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes."

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