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Old 02-21-2013, 01:44 PM   #135
patteeu patteeu is offline
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Quote:
Originally Posted by Loneiguana View Post
You completely rewrite history to ignore Reagan raising taxes and closer look shows that all that happened only after he did.
No, I didn't rewrite history, you are getting lost in the argument. We are talking about tax rates. My position was that we should flatten the rate structure (i.e. reducing top end marginal rates). You prefer a more progressive system. Reagan NEVER increased marginal rates. He decreased them substantially at least twice during his 8 years in office (top rate went from 70% to 50% early in his first term and then down to 28%* in 1986).

*I think there were some circumstances where your marginal rate could be a little higher than 28%, but off the top of my head I don't remember what they were.
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