It’s time to bury supply-side economics Wall Street Journal • June 8, 2012

But the most striking evidence is the glaring contrast between the 1990s and 2000s.

A 2008 study by the liberal Center for American Progress and Economic Policy Institute showed that private investment, GDP, wages, household income, employment and federal revenue all grew faster — sometimes much faster — during the high-tax Clinton years than they did during the low-tax Reagan and Bush eras.

In August 1993, President Clinton signed a law that boosted the top personal income tax rate dramatically, to 39.6% from 31%.