drsmith1072
Senior Member
- Jul 30, 2009
- 6,031
- 250
- 48
#2. Return to the tax structure under Clinton, with an increase of 5% for those making over $1,000,000.
Stupid Liberals.
'During the eight years of the Clinton Administration the Federal government collected a total of $5.66 trillion dollars in individual income taxes.
During the eight years of the Bush Administration the Federal government collected approximately $7.45 trillion dollars in individual income taxes.
The rich - that is, the top 1% of taxpayers - not only forked over a trillion dollars more to Uncle Sam under Bush than under Clinton, their share of the income tax burden increased from 33% to 38%.'
RealClearMarkets - The Hidden Truth About the Bush Tax Increases
What else increased over those 16 years that could be a cause for such numbers if true? In other words can you say without a doubt that tax rates were the only thing that contributed to higher revenues?