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Old 10-19-2007, 08:03 AM
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Default Better Bidding Practice on Huggins & Scott Auction

Posted By: Marc S.

it is not that easy. Bill Clinton raised taxes during his tenure, and the economy in the late 1990s was stronger than any time in my meager 30+ year existence. It is never so simple as looking at economy and the tax rate....especially when you have things like spending, deficits, and myriad outside factors that also contribute.

Clinton raised the top marginal tax rate from 31% to 39.6%

Also, what taxes did JFK decrease? During his short tenure as president, the marginal tax rate in the highest levels was an astounding 91%

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