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Parsing Bill Clinton on tax hikes…

by George Bennett | October 11th, 2011

Clinton

It depends on what the meaning of “I personally don’t believe we ought to be raising taxes” is.

In an interview with West Palm Beach-based NewsMax last month, former President Bill Clinton said he didn’t think it was a good idea to raise taxes or cut government spending “until we get this economy off the ground.”

(Watch Clinton’s interview with NewsMax CEO Chris Ruddy by clicking here. The discussion of tax hikes begins around the 9:30 mark.)

With President Obama visiting Florida today, the conservative group American Crossroads is running an ad featuring the tax portion of Clinton’s comment while editing out the part about spending cuts. The ad throws in a later clip of Clinton telling NewsMax that higher taxes on incomes above $1 million “won’t solve the problem.”

Clinton is taking issue with the ad. Read his statement after the jump….

Statement from former President Bill Clinton on American Crossroads ad:

“The Republican Group American Crossroads has used a quote from me in a video opposing President Obama’s jobs plan and the “Buffett Rule.” The advertisement implies that I opposed the “Buffett Rule”. In fact, I support both the American Jobs Act and the “Buffett Rule”. I believe that it’s only fair to ask those of us in high-income groups — who have received the primary benefits of the last decade’s economic growth and the majority of its tax cuts as well — to contribute to solving our long term debt problem. What I did say was that the “Buffett Rule” cannot solve the problem alone. Reducing the debt requires three things: more economic growth, more spending cuts, and more revenue. Right now, the most important thing is to put America back to work. That’s why I support the American Jobs Act.”

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One Response to “Parsing Bill Clinton on tax hikes…”

  1. RENEGADE Says:

    Another perfect example of the lies and deception we see every time one of these conservatives opens their mouth. They have to lie and twist the truth. They know there is no justifying their positions and if the public knew the truth about their agenda they would run them out of the country.
    I’m not sure which is more pathetic, the constant stream of lies or the fact that some people are actually stupid enough to believe anything they say!!!

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