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Old 07-17-2009, 05:11 PM
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Roscoe Roscoe is offline
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Location: Fairfield, NJ, USA, NJ
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I don't recall Reagan raising taxes on the middle class. I DO remember a 25% across the board tax cuts by Reagan which increased the amount received by the government by 100%. This was due to the fact that it was easier to pay taxes than to hide them in shelters. Classic Laffer Curve. Look up Kemp-Roth tax relief. Look up Laffer Curve.

Roscoe
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