Who did bill Clinton raise taxes on?

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1240422

2026-08-19 07:35

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Bill Clinton raised taxes primarily on higher-income earners as part of his 1993 budget plan. The tax increases included higher marginal tax rates for individuals earning over $250,000 and an increase in the top corporate tax rate. This was aimed at reducing the federal deficit and funding social programs. The plan also included tax cuts for low- and middle-income families, balancing the overall approach.

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