steveox
Well-Known Member
Taxes: What People Forget About Reagan
Those who oppose higher taxes and are fed up with record levels of U.S. debt may pine for Ronald Reagan, the patron saint of lower taxes and smaller government.
But it's worth considering just what Reagan did -- and didn't do -- as lawmakers grapple with many of the same issues that their 1980s counterparts faced: a deep recession, high deficits and a rip-roaring political divide over taxes.
Soon after taking office in 1981, Reagan signed into law one of the largest tax cuts in the postwar period.
http://finance.yahoo.com/taxes/article/110597/taxes-what-people-forget-about-reagan?mod=taxes-filing
Thats why im a tea party protester
Those who oppose higher taxes and are fed up with record levels of U.S. debt may pine for Ronald Reagan, the patron saint of lower taxes and smaller government.
But it's worth considering just what Reagan did -- and didn't do -- as lawmakers grapple with many of the same issues that their 1980s counterparts faced: a deep recession, high deficits and a rip-roaring political divide over taxes.
Soon after taking office in 1981, Reagan signed into law one of the largest tax cuts in the postwar period.
http://finance.yahoo.com/taxes/article/110597/taxes-what-people-forget-about-reagan?mod=taxes-filing
Thats why im a tea party protester