Wednesday, April 16, 2014

The chart of the day...

...is from Steve Benen:

Clinton raised the top marginal rate and saw the best job growth in modern times. I’ve yet to hear a Republican explain how this is possible.

Reagan did lower the top marginal rate, but he also raised taxes when the deficit soared. (Incidentally, job creation under Reagan didn’t pick up until after he raised taxes.)
 
George W. Bush cut taxes considerably, including reducing the top marginal rate. He also saw the worst job creation of any president since Hoover. I’ve yet to hear a Republican explain how this is possible.

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