You're right. We need to end the horrific Bush tax cuts to the rich and go back to the wildly successful Clinton plan, which did just that.
The "Clinton plan" did not create tax revenue in an economic environment anything LIKE what we now find ourselves in. The so called Dot Com Boom is what created all that tax revenue during the Clinton years. Raising taxes NOW...during an economic slowdown is counter productive...something that even Clinton himself admitted before the Obama White House put the screws to him to change his tune. This progressive "notion" that the rules of economics no longer apply because they choose to ignore them guarantees us years more of economic stagnation or worse.
The whole "it was only good because of the dot com boom!" has going to be the biggest propaganda piece spread by the right in history.
After over a decade of failed "trickle down" right wing economics along with their insane spending led to down economies and massive deficits. Clinton's tax plan was the main reason for how wildly success his presidency was.
He also helped small business to thrive, yes including the dot com companies as well as countless others from his strong progressive stances that helping the real job creators, small business and the middle class, is the way to a great america, and he was 100% correct.
Also keep in mind the rich have been doing VERY well under Obama, the only ones that are hurting are the poor and middle class. Obama has not presented at any time to restore the tax rates on anyone but the top 2%.
Actually the "biggest propaganda piece" is the notion that it was Clinton's tax increases that spurred the economy when he was in office. In point of fact the Dot Com Boom started well before those tax increases took place and it was already starting to go away before Clinton left office.
My point is that there IS no Dot Com Boom now...nor is there one on the horizon. It's an accepted basis of Keynesian economics that you don't raise taxes in an economic downturn because doing so causes the economy to become even slower. You raise taxes in an economic boom period...which is what Bill Clinton did and was why he was successful. So without the Dot Com Boom...how does your tax increase scenario work? Not one of you progressive "geniuses" can ever seem to explain that! You simply repeat some statistics that don't apply to the situation that we find ourselves in and think THAT proves your point. I'm sorry but it doesn't and any rational person who takes an unbiased look at the facts knows it.