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View Diary: Boehner just shot himself in the foot (170 comments)

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  •  The way I see it, there is no causal effect (6+ / 0-)

    regarding tax rates. Both the crashes of 1929 and 2008 were caused by market manipulation, caused by lack of regulation. Presently we need more revenue because that money can be used to stimulate the economy, and pay for social programs so that the poor don't drown. The diarist's point that Clinton's tax hike didn't hurt the economy merely negates the stupid Repuke argument that it will. It's a great comeback. We, as a society have to determine what we want for our country, and collect sufficient taxes to allow for that. That's the only reason we should be concerned about rates.

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