Remember the economic upswing during Clinton, even after his tax increases?
That's is partly because Clinton cut the capital gains rate.
Is this sarcasm? I ask because there was NO upswing in the economy after the tax increases, there was a definite slowing. The last quarter of Bush I's term grew somewhere between 3.5 - 4%. After Clinton pushed through his tax increases the growth went down somewhere near 1%. The growth occurred after the CWA and the Republican takeover.