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7/2/2025, 8:06:48 PM
>“The major tax cuts of 1981, 2001, 2003 and 2017 increased deficits, produced uneven economic results and delivered their largest benefits to wealthy Americans,” it said.
>In fact, the best economic outcomes were produced with an action that Republicans disdain.
>“Over the last 50 years, the economy performed best during the Clinton presidency, which saw 3.9 percent real annual growth, robust wage increases,and booming private investment,” said the report. “Notably, this economic success followed tax increases, not tax cuts.”
>In fact, the best economic outcomes were produced with an action that Republicans disdain.
>“Over the last 50 years, the economy performed best during the Clinton presidency, which saw 3.9 percent real annual growth, robust wage increases,and booming private investment,” said the report. “Notably, this economic success followed tax increases, not tax cuts.”
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