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Old 10-13-2010, 02:08 PM   #6
Undertoad
Radical Centrist
 
Join Date: Jan 2001
Location: Cottage of Prussia
Posts: 31,423
W's tax cuts led to pretty nice revenue increases in 2005, 2006 and 2007 but were quickly negated by additional spending. The recession was caused by something else entirely.

Clinton didn't increase taxes much, but he enjoyed an economic boom which canceled the deficit.
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