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To: GOPcapitalist
Based on your constant ranting and raving, the one that is out of their mind is you.

The SS tax that Reagan signed into law was the third highest peacetime tax increase in our history.

Now, the fact is that Reagan and Lincoln would have been very comfortable with one another in the same Republican party.

And this is what the original question was about, Lincoln and Reagan having the same political philosphy.

3,143 posted on 03/01/2005 7:28:55 PM PST by fortheDeclaration
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To: fortheDeclaration
Lincoln and Reagan having the same political philosphy.

The same Reagan who said:

"Concentrated power has always been the enemy of liberty."

"History teaches that war begins when governments believe the price of aggression is cheap."


3,150 posted on 03/01/2005 7:54:12 PM PST by stainlessbanner (Let's all pray for HenryLee II)
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To: fortheDeclaration
The SS tax that Reagan signed into law was the third highest peacetime tax increase in our history.

And your measure/source that a sixty-five hundredths of a single percent increase on Social Security taxes is the 3rd highest peacetime hike ever is what again?

To put the 1983 hike over 7 years in further perspective, let's look at what the payroll tax rate did in other similar length periods...

1977-1983: increased from 5.85 to 7.00, a 1.15% increase
1970-1976: increased from 4.80 to 5.85, a 1.05% increase
1963-1969: increased from 3.63 to 4.8, a 1.17% increase
1956-1962: increased from 2.25 to 3.13, a .88% increase
1949-1956: increased from 1.5 to 2.25, a .75% increase

Placed in the context of its historical growth over the previous five seven-year periods, the seven-year increase of .65% from 1984 to 1990 is actually the SMALLEST social security payroll tax since the Truman administration!

Now, the fact is that Reagan and Lincoln would have been very comfortable with one another in the same Republican party.

Unsubstantiated. Lincoln never saw a tax hike he didn't like whereas Reagan consistently favored tax cuts.

3,154 posted on 03/01/2005 8:15:25 PM PST by GOPcapitalist ("Marxism finds it easy to ally with Islamic zealotism" - Ludwig von Mises)
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