Did he forget the 1990s when we had BIG SURPLUSES by the end of the decade WITH tax increases on the rich?? And yet he's referring to some measly tax increases from "Obamacare" or wherever that aren't that high and probably don't raise all that much anyway in the long run, so it's pointless to focus on them.
And no one actually paid those taxes, there were so many loop holes and write offs that wealthy people were able to avoid paying taxes. The so called “surplus” was the result of delayed payments for programs that Bill signed. The opposite of Obama-care where we pay today for a program that doesn't start for four years. Bill signed programs but had the payments start after he left office.
That money never actually existed (like Social Security) they were just numbers on a ledger.
Did he forget the 1990s when we had BIG SURPLUSES by the end of the decade WITH tax increases on the rich?? And yet he's referring to some measly tax increases from "Obamacare" or wherever that aren't that high and probably don't raise all that much anyway in the long run, so it's pointless to focus on them.
whoo689 2 months ago
@whoo689:
And no one actually paid those taxes, there were so many loop holes and write offs that wealthy people were able to avoid paying taxes. The so called “surplus” was the result of delayed payments for programs that Bill signed. The opposite of Obama-care where we pay today for a program that doesn't start for four years. Bill signed programs but had the payments start after he left office.
That money never actually existed (like Social Security) they were just numbers on a ledger.
espada9 2 months ago