Reagan and the supply siders found a way to play Santa Claus and steal the Dems thunder with tax cuts, but with our level of deficits and a huge share of the population no longer paying income tax that serving of dessert can’s be stomached either.
In all my life, the only people i've ever seen complaining about Reagan's tax cuts have been on the other side. Reagan didn't control the congress. Tip O'Neil kept the spending party going, and trying to blame it on Reagan is just wrong.
Reagan's military build up ended the cold war. For the money spent, we got more benefit than anything the Democrats ever did.
Also, tax revenues went *UP* after the tax cuts. Not down.
Ok, let me explain LOWERING marginal tax rates INCREASES tax revenue. Get it?