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To: Always Right

Biden used slippery language. Typical. But if top tax rates under Reagan were 69% (1st year), 50% (5 years) and 38.5% (1 year) and then for the last year dropped down to 28% I don’t know what you would call the Reagan tax rate, especially given that 28% only lasted 3 years.


15 posted on 10/04/2008 7:17:42 AM PDT by itsPatAmerican
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To: itsPatAmerican

True, but that is only because it took Reagan time to get the rates down. Reagan’s rates were 28/15, and trying to use the name of Reagan for the rates inherited from the Carter years is just wrong.


17 posted on 10/04/2008 8:53:21 AM PDT by Always Right (Obama: more arrogant than Bill Clinton, more naive than Jimmy Carter, and more liberal than LBJ.)
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