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How Did Bill Clinton Raise Taxes On The Wealthy

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Bill Clinton raised taxes on the wealthy in the 1990s, and the economy produced faster job growth and higher wages than it did with George W. Bush got rid of taxes on the rich in his first term which contributed to the deficit of our economy. Higher taxes on the wealthy can finance more investments in buildings, roads power supplies and education, which is extremely important for growth and the economic expectations of the middle class. Even if we got rid of corporate welfare subsidies for big oil, big agriculture, and even if we cut back on our defense budget it wouldn’t be nearly enough. Higher taxes on the wealthy will also allow for lower taxes on the middle class which will potentially restore enough purchasing power to keep the economy

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