zorg1000 said:
Why is it funny that I didn’t mention that? I didn’t mention any of the specific provisions that were imposed like raising the top marginal tax rate from 31% to 39.6%, raising the top corporate tax from 34% to 38%, Alternative Minimum Tax increased from 24% to 28%, 4.3 cent increase for fuel taxes, limit on itemized deductions, expanded earned income tax credit, got rid of the income cap on Medicare taxes, and reduced military spending. It was a bill meant to balance budgets by increasing revenue and reducing spending and it did exactly that. I’m not really sure what “gotcha” you’re trying to hit me with. Yes, of course it couldn’t happen without the booming economy and yes, Republicans were more moderate and easier to compromise with in the 90s compared to today’s MAGA wing. Republican presidents oversaw massive tax cuts in the 80s, 00s & 10s and in my opinion, if we had a Republican president in the 90s we would have gotten another major tax cut bill that would have further contributed to the debt rather than the tax increases we saw under a Democratic president that helped balance the budget. |
Because when I mentioned that a Republican House and Senate had the last balanced budget you shifted to the 93 bill in what appeared to be an attempt to discredit what I pointed out. You also seemed to be on the "tax the rich" kick when you failed to mention the changes to SS and the extra gas tax that hurt the working poor.
From my point of view both sides suck. Its just the democrats remind me more of this than the republicans:
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