pstevens Bill Clinton cut capital gains taxes. During his administration tax law changed so stock options ballooned executive compensation. Inequality grew as much as during Reagan’s two terms. Obama kept 80% of Bush tax cuts raising the threshold for dropping cuts to $450,000 instead of $250,000 at insistence of current Majority Leader Schumer. Obama also sought a grand bargain even if it meant cutting Social Security and Medicare, and was on record as favoring a corporate tax cut. Bernie Sanders’ proposed rates were lower than the first six years of Reagan’s, adjusted for inflation. And it was Democratic Speaker Tip O’Neil and Dem Sen Bill Bradley who colluded with Reagan in 1986 for historic tax cuts. It was JFK who first proposed rolling back taxes from WWII levels, then passed by LBJ. “Republicans are worse” can not be the Democratic standard.

pstevens Bill Clinton cut capital gains taxes. During his administration tax law changed so stock options ballooned executive compensation. Inequality grew as much as during Reagan’s two terms. Obama kept 80% of Bush tax cuts raising the threshold for dropping cuts to $450,000 instead of $250,000 at insistence of current Majority Leader Schumer. Obama also sought a grand bargain even if it meant cutting Social Security and Medicare, and was on record as favoring a corporate tax cut. Bernie Sanders’ proposed rates were lower than the first six years of Reagan’s, adjusted for inflation. And it was Democratic Speaker Tip O’Neil and Dem Sen Bill Bradley who colluded with Reagan in 1986 for historic tax cuts. It was JFK who first proposed rolling back taxes from WWII levels, then passed by LBJ. “Republicans are worse” can not be the Democratic standard.

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