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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (679416)	10/17/2012 7:05:31 PM
From: Alighieri	1 Recommendation Read Replies (3) \| Respond to of 1572953

Actually, Clinton's tax increases in the early 90s served to slow growth over what would have been expected coming out of the recession. One can easily see that the real surge in growth occurred AFTER Clinton reduced taxes in his second term. Tell it to your pal Ten...he thinks the internet was more to account...i agree with him. Typical tax cuts or increases have only peripheral effect on the economy. Economic collapse or not, it is clear that Clinton's tax cuts as well as Bush's tax cuts both resulted in huge revenue surges. I just don't know how anyone can argue otherwise given the above. I don't know what chart you're looking at....Bush's tax cut results in an IMMEDIATE and clearly visible decline in revenue that lasts five years...it's not until 2005 that bush's revenue gets back to 2000 levels...clinton's revenue progression never skips a beat.... Al