Talk of The Villages Florida - View Single Post - The Largest Tax Increase in U.S. History
Thread: The Largest Tax Increase in U.S. History
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Old 07-12-2010, 03:08 PM
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Default Incorrect history
Quote:
Originally Posted by djplong View Post
When CLinton hiked taxes things still ended up pretty good. Personally I think it was because of the spending limitations that were passed as part of the tax bills.
Correction!!! Clinton's massive tax increases provided short term revenues.
The resulting usual loss of initiative and funds for investment soon reduced revenues to the point that Clinton left the country on the brink of a bad recession.

Please before making these statements do some research that is not a Liberal
biased source.