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To: Graybeard58
Indeed, Reagan did sign a billion-dollar tax increase while he was governor in 1967. As president, he also signed several tax increases that offset some of his historic 1981 cut in federal income taxes.

This is ignorant at best and disingenuous at worst.

The total tax dollar amount of Reagan's tax cuts far out-weighed the total tax dollar amount of all the tax-hikes that Reagan signed.

Huckabee, on the other hand, cannot say the same thing as his tax hike total dollar amount outweighed his tax-cut total dollar amount by 500 million dollars.


34 posted on 12/02/2007 10:01:46 AM PST by SoConPubbie
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To: SoConPubbie
Bad math, as a portion of the tax hike was a one time surcharge.

We have a Constitutionally mandated balanced budget in Arkansas. The legislature, run by Dem's, refused to make the cuts needed to balance it, and thus the tax hike occurred. The Governor cut all he could from the Governors office,(chump change small office with even less power) but could not do anything about the pork, the teacher pay raise and the Medicaid programs.

Since politics is a blood sport here, and the Democrats run the show, they blamed the governor for the tax hike.

BTW, we had a surplus after he left office, and it turned out that the projections done by the Dem's were wrong.

48 posted on 12/02/2007 10:10:46 AM PST by Cold Heat (Mitt....2008)
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