B. S.
Reagan’s tax cuts doubled federal tax receipts.
What are those folks at CBO smoking?
“Reagan’s tax cuts doubled federal tax receipts.”
That’s not all accountable to tax cuts. Deficit spending, the business cycle, population growth, employment participation rate, there was a lot of things that contributed to the increase in tax receipts.
Lawrence Lindsey ran a study on the Reagan program published as “The Growth Experiment” and it accounted for all that stuff. He was Reagan’s senior staff economist for tax policy.