Ok, I'll concede the point, only because I should have been clearer, as it was not universal, and it was not my intention to apply it as such. My first sentence in post #378973 clearly was an attempt to address the deductability issue. Even though my initial point in my previous post clearly stated that Reagan cut Tax Rates.
I'll modify my statement to include that "some individuals, specifically those who utilized deductions and loopholes that were eliminated as the political payment for Democrat support, actually experienced a tax increase".
Fortunately, the positive economic effects of the rate reductions far outstripped the initial negative effects.
Sticks and stones will break my bones, etc.
Again, what is your point about Reagan's economic policies. Are you trying to say they didn't work? If so, clown and moron, etc. would have to apply to you....Take your meds and chill out...
Last edited by Ken61; 09/27/14 06:50 PM.
