The Corner

Kerry Vs. Clinton

In a 1995 speech in Texas, President Clinton said “Probably there are people in this room still mad at me at that budget because you think I raised your taxes too much. It might surprise you to know that I think I raised them to much, too”

At the time, the top tax rate was 36%.

Today, with the economy still struggling, Kerry has announced his plans to raise the top rate to 39.6%, which is what it will be if the Bush tax cuts are repealed.

So was President Clinton wrong about tax rates on top earners? Was 36% too high, as the former president said, or too low, as Sen. Kerry says today.

If anyone needed proof that John Kerry is a high-tax lefty even inside his own party, here it is.

Michael GrahamMichael Graham was born in Los Angeles and raised in South Carolina. A graduate of Oral Roberts University, he worked as a stand-up comedian before beginning his political career as ...

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