Monday, December 10, 2012

Newt refuses to admit he got it totally wrong on Clinton tax hikes on the rich

By Michael J.W. Stickings

He may fashion himself a historian, but really he's just a partisan revisionist, particularly when it comes to himself:

On Sunday, during an appearance on Meet The Press, MSNBC's Lawrence O'Donnell confronted Newt Gingrich for falsely predicting in 1993 that the economy would suffer if then-President Bill Clinton raised marginal tax rates.

Republican are making a similar argument against President Obama's call to raise marginal tax rates on the richest Americans, even though the economy and jobs grew exponentially during the Clinton years when the top marginal tax rate was at 39.6 percent for the top income earners.

Well done, Mr. O'Donnell, for refusing to let Newt get away with his usual bullshit.

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