Raise taxes on Millionaires! Reagen did it 12 times!
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Clinton did this we actually had a surpluses!
Well that is not true either.
Every year Clinton was in office, the total national debt continued to climb.
Total borrowed from off budget funds $246.5B, meaning that his $230B surplus is actually a $16.5B deficit.
($246.5B borrowed - $230B claimed surplus = $16.5B actual deficit).
If there is ever a true surplus, then the national debt will go down.
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capitalgainsandgames(dot)com/b
log/bruce-bartlett/1632/reagan s-tax-increases -
Reagan raised taxes 12 times?
Tax Cuts
Billions of Dollars
Total cumulative tax cuts
-275.3
Tax Increases
Billions of Dollars
Total cumulative tax increases
+132.7
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Reagen did it 12 times and when Clinton did it we began to balance the budget!
nickv0408 4 months ago