Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

Given the NASDAQ meltdown and the resulting stock market performance, capital gains tax receipts were much lower during the decade. It has very little to do with the lowering of tax rates.
Clinton’s deficit into surplus had everything to do with the markets dot com blowoff, and very little to do with raising tax rates.


8 posted on 09/25/2010 9:57:36 AM PDT by GeorgeTex (Obama-Four M President (Mendacious Manchurian Muslim Marxist))
[ Post Reply | Private Reply | To 1 | View Replies ]


To: GeorgeTex

If I recall correctly, the dot-bomb cost the economy $5 trillion while 9/11 cost another $2 trillion. Hard to make up for those numbers.


10 posted on 09/25/2010 10:00:20 AM PDT by PhilosopherStone1000
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson