CLINTON'S ECONOMIC PLAN: The Campaign; Gambling That a Tax-Cut Promise Was Not Taken Seriously

NY Times ^

[newbie2008]

In selling his economic plan, President Clinton is gambling that voters never took seriously his campaign promise to lower the tax burden of the middle class and will respond favorably to an aggressive pitch based on equal measures of hope, fear and class revenge.

[newbie2008]

"I will offer middle-income tax cuts," he said. "The average working family's tax bill will go down about 10 percent, a savings of about $300 a year, and I won't finance it with increasing the deficit."

Mr. Clinton promised to offer tax relief to families with incomes of less than $80,000 a year. He said he would raise taxes on only "the wealthiest 2 percent," those with incomes above $200,000 a year, and impose a surtax of 10 percent on those with annual incomes of more than $1 million.

As late as 10 days before the election, Mr. Clinton was still promising a tax cut for families making less than $80,000. On Oct. 24, a reporter asked him if it was true, as advisers were saying, that he might postpone the middle-class tax cut for a year if elected, in the light of gloomy economic projections. "Absolutely not," Mr. Clinton said. "I make the economic decisions in this Administration."

Well not only did they not get a cut, but he passed the biggest tax increase in US history.

Who does this sound like?

[doc1019]

Clinton, is someone that I should be aware of?

[ilgipper]

Idiot liberals will argue to this day that Clinton did not raise taxes on the middle class.

[backhoe]

The entire driving force behind "The Golden Age of Clinton"
( hattip, Wes Pruden, The Washington Times )

was "How can we fool 'em today?"
( hattip, the MahaRushy )

[beaversmom]

Bob Brinker brought this up on his Sunday program.

[Caipirabob]

Idiot liberals will argue to this day that Clinton did not raise taxes on the middle class.

LOL! I bet they'll also argue that "wealthy" is making $30K plus...