Biggest tax cutter for super-rich? Clinton, not Bush


	Biggest tax cutter for super-rich? Clinton, not Bush

masbury

2-16-2008 10:31 PM

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tags:

clinton, tax cut, bush

masbury says:

The 400 super-rich dropped from 30 cents to 22 under Clinton, then five more under Bush to 17. Clinton gave 8 cents, Bush gave 5. You paid more than that, of course.

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2-17-2008 7:05 AM

tabsey

Which is one of the reasons he has received so much as a speaker.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9dbfe998-4845-41f8-830b-730355846b58/7EFEB4A4-74D4-42BC-859D-988E53162412/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://ressentiment.blogspot.com/2008/01/thirteen-supercents.html" href="http://ressentiment.blogspot.com/2008/01/thirteen-supercents.html" style="font-size: 11px;">ressentiment.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ressentiment.blogspot.com/2008/01/thirteen-supercents.html"><BLOCKQUOTE><DIV>BILL MOYERS: You point out, by the way, that Bill Clinton as president gave the super rich a larger tax break than George Bush's tax cuts, right?</DIV><BR />DAVID CAY JOHNSTON: Yeah, I love to trot this one out when somebody goes, "Oh, you're from the New York Times. You must be, you know, pro-Democrat or liberal or whatever." I'm the guy who broke the story and reported on the fact that Bill Clinton gave the super rich, the 400 highest income people in America a big tax cut. They were paying 30 cents out of each dollar of their income to the federal government when he came into the office. When he left, it was down to 22. Bush has lowered it to 17. Now, first of all, notice you're probably paying more than 17 cents. May well be paying more than 22. But Bush gave them an eight cent tax cut-- I'm sorry. <A href="http://www.pbs.org/moyers/journal/01182008/transcript5.html">Clinton gave an eight cent tax cut and Bush only gave them five cents</A>. </BLOCKQUOTE></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7EFEB4A4-74D4-42BC-859D-988E53162412/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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