The current session of Congress has proposed a tax relief for the American people. The Keynesian idea that government should increase spending to stimulate the economy had been discarded since the failed stimulus package proposal of 1993.
Median household income has declined by 6.6 percent beginning when Ronald Reagan left office and ending in 1995. The 1990 tax increase under George Bush and the major increase of 1993 during the presidency of Bill Clinton have resulted in a drag on the economy. The success of the economy has mainly been due
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