"The bottom half of Americans fared better under President Bill Clinton, who actually raised taxes. On average, their incomes rose by a fifth over his two terms, after taxes and transfers, a gain of over 2 percent per year, after accounting for inflation. Their lot also improved during President Barack Obama's administration, census data shows"
and how did the top 1% make out during Clinton's years? Same with Obamas?
Did they do as well as they did under GWB, for example?
The focus seems to be on how the top 1% do under GOP administrations only and how the bottom half do under dem and GOP administrations.
What about how the wealthiest do when a dem is in the WH? Don't see that compared much....
Snoofy keeps posting the same link over and over illustrating the disparity trend in wealth and gone in the same direction since 1975.
Since 1975 at least 3 dems have occupied the WH and enjoyed majorities in congress.
my point is that maybe we place too much emphasis on tax policy for the direction in income/wealth disparity. It's a factor, but I question how much of a factor it is....