Clinton raised taxes also:Cannonpointer » 25 minutes ago » wrote: ↑ Clinton reformed welfare, cutting enrollment by 7 million people and spending by 56 billion. He cut snap by 24 billion. He balanced the budget.
Bush expanded medicaid enrollment and gave us medicare part d - a new entitlement. He gave us the american dream act - the entitlement that broke the economy.
Your job is to pretend that gingrich is responsible for clinton's good government and bawney fwanks is responsible for bush's give-aways.
I trust you to do your job.
Yes, President Bill Clinton raised taxes by signing the Omnibus Budget Reconciliation Act of 1993, which increased individual income, corporate, and fuel taxes.
Key Tax Increases
Income Tax Brackets:
Raised the top individual income tax rates from 31% to 36% and 39.6% for high-income earners.
Corporate Tax Rate:
Increased the top corporate income tax rate from 34% to 35%.
Medicare Payroll Tax:
Removed the wage cap on the 2.9% Medicare tax, applying it to all wage income.
Transportation Fuels:
Imposed a 4.3-cent-per-gallon increase on transportation fuels.
Social Security:
Increased the taxable portion of Social Security benefits for higher-income recipients.