But he raised (regressive) payroll taxes in order to cut (progressive) income taxes, so the poor are paying more. Which is not a bad thing because taxing the poor more discourages people from being poor.
@cullgmail Not really. The government would have wasted the money anyway. Better to at least let us keep some of it first before they went on their spending binge.
The surplus exists because Bill Clinton raised social security.
FortNikitaBullion 2 weeks ago
I was in 8th grade at the time
FortNikitaBullion 2 weeks ago
But he raised (regressive) payroll taxes in order to cut (progressive) income taxes, so the poor are paying more. Which is not a bad thing because taxing the poor more discourages people from being poor.
FortNikitaBullion 2 weeks ago
@FortNikitaBullion At least Bush should tell the whole story correctly, he did the right thing though.
FortNikitaBullion 2 weeks ago
The original 2001 BUSH TAX CUTS- BIGGEST FISCAL MISTAKE EVER!!!!
cullgmail 7 months ago
@cullgmail Not really. The government would have wasted the money anyway. Better to at least let us keep some of it first before they went on their spending binge.
pholland 6 months ago