Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (50157)	2/22/2008 6:29:53 PM
From: KyrosL	Read Replies (1) \| Respond to of 541933

Another myth is that capital gains taxes caused by the Internet bubble was the main reason of Clinton's budget deficit reduction. Since I am doing all the work so far proving you wrong, here is a challenge for you: Find out what percentage of the US government revenues were the excess capital gains taxes in the last years of the Clinton administration. My guess is that the excess was not that much. If I remember it was something like 60 Billion in the last year which was by far the most relative to the other years.