Reagan got rid of the Deduction for Interest paid on Credit Cards and Loans. He also restricted some Business Expense Loopholes. Remember the three Martini Lunch? LOL
We had a 28% Top Tax Rate, now it’s 39.6. The very idea that most of the people in this Country are just fine and dandy with Income Tax Policies that require other Citizens to turn over half their Earnings to the Taxman because they happen to be successful stinks of Socialism.
Those same people would balk of you called them what they are, closet Socialists. Heck, make that mainstream Socialists.
Nary a one of these posters should be allowed to remain on this site, with posting privileges!