What taxes did Bill Clinton raise on anyone except for the rich?
The largest middle class tax increase was on seniors making over $40,000/yr. The 1993 law made 85% of their SS checks taxable income.
It created 36 percent and 39.6 income tax rates for individuals. (The 36% rate kicked in around $75,000. That is not rich)
It created a 35 percent income tax rate for corporations.
The cap on Medicare taxes was repealed. (also starts affecting people in the upper middle class, plain old middle class in places like NY and CA).
Transportation fuels taxes were hiked by 4.3 cents per gallon. (Affects rich and poor alike)
The taxable portion of Social Security benefits was raised. (For those making over $40,000. Definitely not rich).
The phase-out of the personal exemption and limit on itemized deductions were permanently extended.
Omnibus Budget Reconciliation Act of 1993 - Wikipedia, the free encyclopedia