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The 1993 Clinton Tax Increase Did Not Lead to the Budget Surpluses of the Late 1990s

by Dan Mitchell | Feb 10, 2011 | Big Government, Blogs, Government Spending, Taxation

Proponents of higher taxes are fond of claiming that Bill Clinton’s 1993 tax increase was a big success because of budget surpluses that began in 1998. That’s certainly a plausible hypothesis, and I’m already on record arguing that Clinton’s economic record was much...
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