Posted on 09/19/2005 2:16:47 PM PDT by Crackingham
Former President Clinton believes the Democrats should pounce on and exploit President Bush's refusal to hike taxes to finance Hurricane Katrina relief efforts and the wars in Iraq and Afghanistan.
"They should continue to oppose it, and they should make it an issue in the 2006 election, and they should make it an issue in the 2008 election," said Clinton, interviewed on Sunday on ABC's "This Week."
"I think it's very important that Americans understand... tax cuts are always popular, but about half of these tax cuts since 2001 have gone to people in my income group, the top 1 percent. I've gotten four tax cuts. They're responsible for this big structural deficit, and they're not going away, the deficits aren't."
Clinton said America's deficit has forced the United States to borrow "money from other countries to finance Iraq, Afghanistan, Katrina, and our tax cuts."
"We have never done this before. Never in the history of our republic have we ever financed a conflict, military conflict, by borrowing money from somewhere else."
The former president, who is involved in a Katrina relief fund-raising effort with former President Bush, elaborated on the issue of tax cuts, saying leaders should hope "for the sake of our country that the cows don't come home before we have time to rectify" the problem.
"I mean, sooner or later, just think what would happen if the Chinese -- we're pressing the Chinese now, a country not nearly as rich as America per capita, to keep loaning us money with low interest to cover my tax cut, Iran -- I mean Iraq, Afghanistan, and Katrina. And at the same time to raise the value of their currency so their imports into our country will become more expensive, and our exports to them will become less expensive."
(Excerpt) Read more at cnn.com ...
Go Tax yourself Bill.
OK, Bubba, whatever you say. We'll get right on that.
Hey Bubba,, I know ya gave all your dirty undies away and wrote them off, so let me send ya some of mine, and ya can stuff those in your mouth instead.
"There you go again", as Ronald the Great used to say.
No way. If Clinton has finally decided to get off drugs, he pays for his rehab with his own insurance, like everyone else.
"I've gotten four tax cuts."
Well if it bothers you so much Bill, give the freaking money back.
Let's take away the tax cuts for lower income people, let's take away tax cuts for families and let's boost Capital Gains taxes as well....
That will go over real well.
Maybe if everyone paid a flat 15% then we wouldn't have this issue.
.....got a hold of some of our nuclear weapons' technology?
Already happened, Slick.
Where's the "not this sh*t again" picture?
Keep talking, Bill-you're really helping Hillary's political career with crap like that...
The country has taken enough economic hits.
A growing economy is by far the best way to help pay for the damages. And help is all it should be.
This was predicted.
WTF is Bush sr. still traveling with that clown?
Give Clinton a stage and a mike and he thinks he's on the campaign trail.
Hey, Bubba. It's not good for your heart no more.
Spending cuts would be nice too...
Apparently he likes to say or do anything that has the word "bush" in it.
So, Mr. Clinton, did you keep your undeserved tax cut or did you return it to the U.S. Treasury?
tell the rapist to tell the beast to start yapping like a magpie: "if elected president, your taxes will go up" but then again it would be the first honest thing that ever came out of either ones mouth
Me: Clinton should go pound sand.
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