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To: OOPisforLiberals
the Reagan era is lauded as having a huge economic turbo boost. But anti-Reagan people always come back with the "giant debt" argument. What's the proper way to refute this? AFAIK, the debt post-Reagan was enormous. Surely its effects are still with us.

I'm going to piggy back on your question... Mario Cuomo said to Neil Cavuto that Reagan raised taxes 6 times while in office. Cavuto's response was that Reagan didn't raise marginal rates (seeming to legitimize the idea that Reagan raised taxes). Anyone know what kind of taxes these were?

59 posted on 05/08/2003 9:56:35 PM PDT by Dianna (space for rent)
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To: Dianna
HUH? I thought Reagan reduced income taxes from about 70% at the highest rate, to somewhere around 35%....any other "raises" in taxes came out of Congress....maybe they're referring to Soc Sec and other taxes???
61 posted on 05/08/2003 10:04:13 PM PDT by goodnesswins (He (or she) who pays the bills, makes the rules.)
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