Oct 13, 2011 Comments Off Pat Dollard
Former President Bill Clinton’s position on when the government should raise taxes took another turn during his Wednesday night appearance on the “Late Show with David Letterman.”
Clinton said last night he does not think now is the time to raise taxes on anyone because the economy is not growing, but advocated for a hike on the rich after the situation improves.
“Should you raise taxes on anybody right today — rich or poor or middle class? No, because there’s no growth in the economy,” Clinton said on the “Late Show.” “Should those of us who make more money and are in better position to contribute to America’s public needs and getting this deficit under control pay a higher tax rate when the economy recovers? Yes, that’s what I think.”