Geithner: No Agreement without Clinton Tax Rates on Wealthy

Tim Geithner wants tax rates to go back to what they were under Bill Clinton, because it was “a time when the American economy was doing exceptionally well.” Ok, but if his argument is that those rates were good for the economy, why wouldn’t he also argue for (i) all taxes to go back to the Clinton rates and (ii) spending to go back to the Clinton levels.

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