Taxes, Spending, Gimmicks, and Snake Oil: Why Bill Clinton's Budget Is Bad for America
Publication Date: March 1993
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): Daniel J. Mitchell
Research Area: Banking and finance
Keywords: Budget
Type: Report
Abstract:
By repeating the failed tax-and-spend policies of Jimmy Carter and George Bush, Bill Clinton is endangering the economy's recent resurgence. Higher taxes will not encourage businesses to create jobs; higher taxes will not encourage individuals to save and invest more; higher taxes will not promote fiscal restraint on Capitol Hill; and higher taxes will not increase America's tinternational competitiveness.
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