WOO HOO!!!! BIG JOE BIDEN PLAYS THE CLINTON-CARD!!!!!

[Phoenix68]

WOO HOO!!!! BIG JOE BIDEN PLAYS THE CLINTON-CARD!!!!!
March 7, 2023
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"President Joe Biden on Tuesday proposed new taxes on the rich to help fund Medicare, saying the plan would help to extend the insurance program’s solvency by 25 years and provide a degree of middle-class stability to millions of older adults.

In his plan, Biden is overtly declaring that the wealthy ought to shoulder a heavier tax burden. His budget would draw a direct line between those new taxes and the popular health insurance program for people older than 65, essentially asking those who’ve fared best in the economy to subsidize the rest of the population."

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The Clinton ACE!!!!
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"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."

 

[Phoenix68]

President Clinton Announces ANOTHER Record Budget Surplus
September 27, 2000
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"President Clinton announced Wednesday that the federal budget surplus (See: Rainy Day Funds) for fiscal year 2000 amounted to at least $230 Billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 Billion. "This represents the largest one-year debt reduction in the history of the United States," Clinton said Wednesday morning."

 

[Phoenix68]

The Clinton Record
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[Phoenix68]

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How The Trump Economy Compares To Economies Under Other Presidents​

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Comparing The "Trump Economy" To The "Obama Economy"
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[Phoenix68]

WOO HOO!!!! BIG JOE BIDEN PLAYS THE CLINTON-CARD!!!!!
March 7, 2023
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"President Joe Biden on Tuesday proposed new taxes on the rich to help fund Medicare, saying the plan would help to extend the insurance program’s solvency by 25 years and provide a degree of middle-class stability to millions of older adults.

In his plan, Biden is overtly declaring that the wealthy ought to shoulder a heavier tax burden. His budget would draw a direct line between those new taxes and the popular health insurance program for people older than 65, essentially asking those who’ve fared best in the economy to subsidize the rest of the population."

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The Clinton ACE!!!!
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"Not only was the entire national deficit eliminated after raising taxes on the wealthy in 1993, but the economy grew so fast for the remainder of the decade that many conservative economists thought that the Fed should raise the prime interest rate in order to slow it down."

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[Phoenix68]

Biden Budget To Call For Billionaires' Tax
March 8, 2023
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"Wealthy Americans will pay higher taxes under the proposed budget that President Joe Biden will send to Congress on Thursday, but Biden says he will keep his promise not to raise taxes on middle-class Americans.

“I want to make it clear: I’m going to raise some taxes,” Biden said during a trip to Virginia Beach, Virginia, last week.
However, people making less than $400,000 a year “will not pay an additional single penny in any tax,” he said."

 

[Phoenix68]

Whining "conservatives"; Same Ol', Same Ol'!!!!
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Here’s what conservative politicians said about the 1993 deficit reduction legislation that raised taxes on the top 1.2% of our wealthiest citizens:

"Clearly, this is a job-killer in the short-run. The impact on job creation is going to be devastating." —Rep. Dick Armey, (Republican, Texas)​

"The tax increase will…lead to a recession…and will actually increase the deficit."
—Rep. Newt Gingrich (Republican, Georgia)​

"I will make you this bet. I am willing to risk the mortgage on it…the deficit will be up; unemployment will be up; in my judgment, inflation will be up."
—Sen. Robert Packwood (Republican, Oregon)​

"The deficit four years from today will be higher than it is today, not lower."
—Sen. Phil Gramm (Republican, Texas)​

"The President promised a middle-class tax cut, yet he and his party imposed the largest tax increase in American history. We hope his higher taxes will not cut short the economic recovery and declining interest rates he inherited… Instead of stifling growth through higher taxes and increased government regulations, Republicans would take America in a different direction."
—Sen. Robert Dole (Republican, Kansas)​

 

[Phoenix68]

Biden’s Budget Would Cut Deficits By $3 Trillion Over 10 Years
March 9, 2023​

 

[Phoenix68]

IT'S FINALLY TIME TO TAX THE 1%ers' / HIGH-ROLLER$ WINNINGS, AGAIN!!!!!
March 9, 2023
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"One of the biggest changes would be nearly doubling the rates of capital-gains tax, and applying an additional surcharge to fund Medicare, which would mean taxes on investments could rise to almost 45%."

 

[Phoenix68]

Biden’s Budget Would Cut Deficits By $3 Trillion Over 10 Years
March 9, 2023​

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