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Re: hap0206 post# 486752

Friday, 07/26/2024 8:44:59 PM

Friday, July 26, 2024 8:44:59 PM

Post# of 575566
hap0206, Clinton's tax increases ended up with more revenue and less Federal Debt, blackhawks just reminded you

Tax increases for the wealthy and corps. Remember how the GOP lost there shit over Clinton's tax hikes and what happened? Budget surplus, that's what.
tax-reform-act-of-1993.asp" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.investopedia.com/terms/t/tax-reform-act-of-1993.asp
Impact of the Tax Reform Act
The Tax Reform Act of 1993 had a wide-ranging impact on tax collection. In 2006, U.S. Treasury analysts estimated tax receipts had increased by $42 billion annually (in 1992 dollars) in the four years following its passage.
By 1998, the Federal government produced its first budget surplus in almost 30 years.
Economic models suggest the Act had a mildly negative impact on GDP growth, but this was minor compared to the relatively strong, overall economic growth of the period.
Tax Foundation. "Modeling the Economic Effects of Past Tax Bills." Accessed Feb. 11, 2021.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174813224

"bottom line is trump supporters are trump supporters because of trump policies -- biden policies will be the downfall of the dems -- IMO -- so have at it -- I heard today that CC debt up more than $1T since Biden took office -- hey, there's a winning program -- forgive some big number of CC debt -- just like student loan debt -- wow"

Bottom line is, now that we know what one is, you have sounded like a fascist-minded Red Caesarist ..
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174814060 .. for years.

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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