It’s real. Reagan lowered it down from the top rate of 90’s to 70 ish.
I want to correct myself. Reagan lowered it from 73% to 28%
“I want to correct myself. Reagan lowered it from 73% to 28%”
The HUGE thing that Reagan got passed was INDEXING the tax brackets to adjust for INFLATION!
The Dim’s loved inflation as a taxpayer would just ‘move up’ from one tax bracket to another.
God bless President Reagan!