Lets ignore that it's not really clear that Clinton raised taxes (he increased the income tax rate but dropped the capital gains tax rate, which is pretty uncle

Lets ignore that it's not really clear that Clinton raised taxes (he increased the income tax rate but dropped the capital gains tax rate, which is pretty unclear as to effect because it took a while for people to adjust their tax strategy to move as much as possible to capital gains). What happened under Clinton was primarily the same thing that happened up here in Canada, the dotcom caused a massive inflation in income as the stock bubble grew and was crystalized. It primarily wasn't more taxes, it was the taxes we primarily already had taking a share of a bigger pie. Overwhelmingly this isn't what happens though. Overwhelmingly more taxes mean more government in a historical context.