more proof of republicans helping the economy

[shrewsbury]

n fact, the balanced budgets of the Clinton years didn't occur until after a Republican Congress passed and the president reluctantly signed a 1997 tax bill that lowered the capital gains rate from 28% to 20%, added a child tax credit, and established higher limits on tax exclusion for IRAs and estates.

http://www.americanthinker.com/2010/...n_economy.html

[pghin08]

Balanced budget had way more to do with unforeseen tax revenues from the mid-late 90s massive bull market than anything that Clinton or the Republican Congress did.

[AUTaxMan]

Balanced budget had way more to do with unforeseen tax revenues from the mid-late 90s massive bull market than anything that Clinton or the Republican Congress did.

Were they unforeseen? I thought they were expected.

[pghin08]

Were they unforeseen? I thought they were expected.

Not sure anyone knew how big the dot-com bubble would get.

[AUTaxMan]

Not sure anyone knew how big the dot-com bubble would get.

Good point.

[duwal]

I thought you were going to talk about all of the cash they were spending at the strip clubs :)

[shrewsbury]

so Al Gore was responsible?

[pghin08]

so Al Gore was responsible?

LOL. We've really had a joke run of VPs, haven't we? Dan Quayle couldn't spell potato, Al Gore thought he invented the internet, Dick Cheney might not be human, and Joe Biden makes me cringe when he talks.