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Old 10-04-2009, 11:03 PM
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427sharpe 427sharpe is offline
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In spite of the previous rants about President Reagan, as mathematically challenged as they were, it begs a re-explanation of the facts. Each time a President has addressed the marginal tax rates (lowering them, or adjusting the negative impacts of 'bracket creep') the actual revenues of the government have gone up; during Reagan's years they went up dramatically. So much so, that Clinton did the same thing, and also increased actual inflows to the government. Much less than assaulting the middle classes, the adjustments have been a boon for every taxpayer.
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