"The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life"
About this Quote
That verb matters. “Preceded” is cautious enough to dodge the pure causation trap while still inviting the reader to connect the dots. Frank’s intent is rhetorical jujitsu: he uses the opposition’s preferred metric (growth, productivity) to defend a policy they condemn on principle. The subtext is almost scolding: you can’t keep pretending the 1990s didn’t happen just because it complicates your ideology.
Context-wise, this is aimed at a post-1990s, post-supply-side environment where Democrats are routinely accused of being anti-business. Frank reclaims the era as evidence that progressive taxation and prosperity can coexist, and he does it with a quiet but pointed implication about collective memory: policy debates aren’t just about economics, they’re about which historical facts get to count.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Frank, Barney. (2026, January 17). The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life. FixQuotes. https://fixquotes.com/quotes/the-clinton-tax-increase-which-was-an-increase-43136/
Chicago Style
Frank, Barney. "The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/the-clinton-tax-increase-which-was-an-increase-43136/.
MLA Style (9th ed.)
"The Clinton tax increase - which was an increase in taxes primarily on upper-income people - not only made the tax code more nearly progressive, it preceded one of the most productive economic periods in American life." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/the-clinton-tax-increase-which-was-an-increase-43136/. Accessed 12 Feb. 2026.



