A random thought

The only US Presidents who raised taxes in the last 31 years were Republican.

6 responses to “A random thought

  1. I’m pretty sure that’s not correct. Didn’t Bill Clinton successfully raise taxes early in his administration? That is partially how he balanced the budget.

    Like

    • I expect you’d know better than me bruce – so now I have to double check. Of course, lots of Dems would call Bill Clinton a ‘Republican’. But I’ll look further. I do know Clinton cut the size of gov’t substantially – payroll was much smaller when they left.

      Like

  2. Ok….I’m featuring this post question at the PDog Moe….

    We’ll get a answer from there ….

    Like

  3. Per Wikipedia:
    On February 17, 1993, in a nationally televised address to a joint session of Congress, Clinton unveiled his economic plan. The plan focused on deficit reduction rather than a middle-class tax cut, which had been high on his campaign agenda.[45] (Clinton was pressured by his advisers, including Robert Rubin formerly of Goldman Sachs, to raise taxes on the theory that a smaller federal budget deficit would reduce bond interest rates.[46]) (In December 2010, Clinton defended President Barack Obama’s compromise with the Republican congressional leadership, extending the George W. Bush’s era tax cuts, which many Democrats felt unfairly favored the wealthy.[47])

    Like

    • Did he ever get to raise those taxes or just propose raising them? I do remember that with the ’94 congress, they balanced the budget and closed that deficit – for five minutes anyway 🙂

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s