[MadIvan]

Raising payroll taxes and gasoline taxes are TAX INCREASES. And eliminating tax shelters in 1986 cost the country billions in bailing out Federally insured savings and loans, which had invested heavily in those shelters.

You really don't want to pay attention to the fact that Government's take on GDP fell during the Reagan years, do you?

As for shelters - curious, I thought we were mostly in favour of simplified taxes, with lower rates and limited, if no deductions. It's not Reagan's fault the S&L's, a foolish notion created by the Democrats, were too stupid to adjust.

Ivan

[sinkspur]

You really don't want to pay attention to the fact that Government's take on GDP fell during the Reagan years, do you?

Sure, I'll concede that. It would have fell even further had Reagan not raised taxes.