Posted on 07/11/2004 9:26:00 PM PDT by goldstategop
The 1986 Tax Reform bill RAISED taxes...or don't you remember that? Sure Reagan agreed to raise taxes because ccongress promised to cut spending but Reagan was ROLLED...they spent more than they cut and the taxes were still higher than after the first cuts...
...you know, for calling the posse...
;O)
Someone in DC had better figure real soon how to eliminate income taxes, or face the very real posibility of revolution.
Oh, you are SO right :-)
All the flak we've been seeing about Arnold speaking at the convention will be well worth it... for the tushes it will tweak LOL
Look. I will turn off my light saber if you turn off yours.
I think he meant decrease. I don't know if Du Pont goofed or if the editors did.
Well Howdy!
Yes, I'm definately leaning toward going. Will know for sure in a couple days.
Thanks for asking.
Posse heck!
If we're called all at once,
we are the calvary!
Nite yall.
Er, cavalry (horses), not calvary (crosses), right?
;O)
Reagan lowered income taxes in both 1981 and 1986. That was my point.
Let's not forget, PresReagan's first priority in 1981 was to get the economy moving again and start to rebuild America's military. America was in the midst of the worse economic times since the Great Depression and the Cold War was still raging strong. Reagan worked together with Tip O'Neill and Bob Dole to give American workers some real tax reform. The first round of tax cuts that Reagan signed into law, were of critical importance to reducing interest rates, inflation and unemployment. Reagan's early tax cuts totaled a 25% marginal tax rate reduction, (Reagan wanted 30%) across the board. Those tax cuts stimulated spending, investment and savings, and fueled an economic recovery that lasted until 2000! The highest tax rates went from 70% to 50%. Reagan's 1986 Tax Reform Act would bring that 50% top rate, down to 28%.
Hey your nasty comments are totally uncalled for.
Look,I know,I know,next comes all that codswallop about "fiat" money,but the fact of the matter is,anything and just about everything has been used for and as a backing of money.Heck,at one time and it wasn't all that long ago,China and some countries in Europe used salt, SALT,not gold, because salt,common,everyday salt,was worth far more than gold.
Gold is NOT the be all and end all.Our money was in more flux,when we were on a gold standard than it is today.And actual gold coins,have ALWAYS been easier to play around with/devalue than paper money is to replicate.
Ain't that the truth...wiser words have never been spoken ( or written)
Posse-matic! ROFL
And looks like it would fit right into my holster ;-)
Okay, this is what I fail to understand.
Imagine you are in an airplane that is about to crash. You have enough time before it does to grab one item and jump out. Which would you take?
A ratty old parachute (Bush)
A fine French bedsheet that sorta looks like a parachute (Kerry)
A sales brochure for the perfect parachute (third party)
Because, brother, those are your options.
I'm not thrilled with Bush's mile wide spendaholic streak. There are social issues I wish he was stronger on. I wish our rules of engagement in fighting terrorism weren't so PC. In fact, there are a number of things that I don't agree with him on.
But to sit around and focus on what I don't like misses the big picture just the same as sitting around pointing out flaws in the ratty parachute. We shouldn't let the perfect become the enemy of the good. There are real consequences to face if we fail.
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