This is what Reagan did. He lowered tax rates and also reduced deductions (got rid of the two martini lunch deduction, for example.)
The mantra of the day was “revenue neutral.”
Why do I get the impression that Zero will reduce deductions, but not reduce tax rates?
“President Obama is considering whether to push early next year for an overhaul of the income tax code to lower rates and raise revenues”
Now, when most Reaganites read that, they think great. When anyone with any idea of what this guy has in mind read it, they say great, my taxes, which I don’t pay anyway, will remain as is and anyone making more than 75K will pay twice what they are paying now.
This reminds me of something someone told me just before I left for a Johnny Mathis concert. He said, remember this, when he is singing his various love songs, the image he sees in his mind is not the one that you are seeing in yours.
The reason he is talking to Bill Clinton is now obvious. It’s talk triangulating time.