US Presidency
1992

It will be asked by Ann Compton. Taxes Ann Compton. Governor Clinton, can you lock in a level here tonight on where middle income families can be guaranteed a tax cut or, at the very least, at what income level they can be guaranteed no tax increase? Governor Clinton. The tax increase I have proposed triggers in at family incomes of $ 200,000 and above. Those are the people who, in the 1980 's, had their incomes go up while their taxes went down. Middle-class people, defined as people with incomes of $ 52,000 and down, had their incomes go down while their taxes went up in the Reagan-Bush years because of six increases in the payroll taxes. So that is where my income limit would trigger. Ms. Compton. So there will be no tax increases below $ 200,000? Governor Clinton. My plan, notwithstanding my opponent's ad, my plan triggers in at gross incomes, family incomes of $ 200,000 and above.