MSM Bias: Still Loves Slick Willy
Now check out the biased analysis on the last three presidents.
This is true, but the top tax rate only increased from 28% to 31% under Bush I.The first President Bush abandoned his "read my lips, no new taxes pledge" in a 1990 budget deal that raised taxes.
Sounds kinda pleasant the way it's worded, huh? Aah - it was a blend, and most blends are good things. Also, gotta love the nobility of doing something for the working poor. I see. Only problem: it's far from the truth. Under Clinton, all tax rates increased for everyone, including the top rate going from 31% to 39%.The Clinton administration won passage in 1993 of a deficit-reduction measure that blended tax increases, budget cuts and rebates for the working poor.
And the second Bush administration pushed successfully for tax cuts that lowered the top income tax rate to 35 percent and slashed tax rates for individuals and manufacturers.Aaagh - those evil manufacturers! and Bush is helping them! How dare he!
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