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Originally Posted by Mormon Red Death
Increasing the tax rate is not redistributing the wealth its just bringing in more revenues. To REDISTRIBUTE means to spend those increased revenues.
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Clinton spent those revenues on tax cuts for those making <30K and by expanding the EITC.
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Again reducing the deficit by 60% is not a balanced budget you still have 40% left.
Lets see a budget proposal that ran a deficit was not supported by republicans in congress. Thanks for proving my point.
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Depends what you mean by balanced budget...time the money was budgeted or collecting more tax revenue than expenditures. I have a feeling we'd be arguing the definition like we are doing socialism.
But anyhow, crediting the Republicans with a balanced budget is, well, impossible when you also argue there was never a balanced budget.