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Pastimes : THE SLIGHTLY MODERATED BOXING RING -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (14210)	6/5/2002 5:35:44 PM
From: Original Mad Dog	Read Replies (1) \| Respond to of 21057

He got screwed on that. The deal he made with Congress was that every dollar raised would go to debt reduction. In he end Congress spent $1.88 for every dollar raised. It was the fact that Congress couldn't be trusted that made the pledge resonate with voters to begin with. He should have realized that. As I remember the taxes were on luxury vehicles, yachts and jewelry over $10,000. My neighbor, who couldn't raise the down stroke on any of the taxed items, was most irate about it. That isn't true. Marginal rates on the marginally wealthy (read: working professional couples) were also raised; that is where much of the money came from. Clinton raised those rates still further. In the process, the marriage penalty was made worse as well. All in all, I thought Bush Sr. was a good President but that was an unpardonable error in judgment.