Toro
Diamond Member
- Thread starter
- #101
If that is the case, lets raise taxes to where they were under Pres Peanut Carter
We all know how well his economy was
That's like making a comparison to the incompetent Nixon administration.
How about we raise them to where they were under Clinton, a few points on the top marginal rate? That would eliminate the deficit. Or how about we let the Bush tax cuts simply expire. The CBO projects surpluses in 2010 when that happens.
I remember listening to all these conservative economists tell us that the economy was about to go to hell in a handbasket when Clinton raised taxes. They were absolutely dead wrong.
Its just ideology.