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SNOPES ALERT: "Them Demmicrats iz milkin' us dry!"

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Bicoastal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-18-08 09:45 PM
Original message
SNOPES ALERT: "Them Demmicrats iz milkin' us dry!"
www.snopes.com/politics/obama/taxes.asp

How very, very typical--and I especially love the scare about "socialized medicine" at the bottom.
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muntrv Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-18-08 10:05 PM
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1. The big dog raised taxes in 1993 and the economy still prospered.
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DavidDvorkin Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-18-08 10:07 PM
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2. That was a big reason why it prospered
The government had more income, so it had to borrow less, so there was more money available for business to borrow for expansion purposes.
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Trajan Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-19-08 12:53 AM
Response to Reply #1
3. He raised tax on the well to do ....
NOT on the middle or lower classes ....

It is unfair to characterize the Clinton tax increases as if they were universal .... they were not ....

They raised taxes ..... on the rich ... not on me ....

On the other hand: My WAGES increased, which increased my family's purchasing power, which allowed us to buy more, which helped others also work and make more money, and pay more taxes BECAUSE they made more money ....

22,000,000 million jobs .....

Sheeesh .... It was like fuckin nirvana ....
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