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.
Reagan was on the right track, but it did take him a while to get there, and then Bush/Clinton gave it back :-(. To say your taxes will be the same as under Reagan is very open to interpertition, including 69%. Oh great Joe, I’ll be paying 69%—same as my tax bill under RR. LOL.