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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf you'd like to slap a rightie with Reagan, here's your chance...
Last edited Tue Dec 4, 2012, 09:08 PM - Edit history (2)
Here is the piece, and just below it is the diatribe the rightie wrote. LOOK at the delusion that follows, just *look* at it
[link:http://www.politicususa.com/grover-norquist-fool-demanding-reagan-era-tax-rates.html| http://www.politicususa.com/grover-norquist-fool-demanding-reagan-era-tax-rates.html
http://www.politicususa.com/grover-norquist-fool-demanding-reagan-era-tax-rates.html
OK.. let this soak in.. the following quote from this article.
"Reagans tax policy, because although he initially cut taxes within three months of taking office, within weeks he asked Congress to close loopholes that resulted in the largest tax increase in four decades to cover revenue shortfalls, and over the course of the next eight years, he raised taxes 9 times. The simple truth Norquist, and most Republicans, will never admit is that under President Obama, taxes are substantially lower than under Reagan."
This author either misunderstands math or he thinks you will. Plus, in his on statement, he admits the idea of lowering tax rates while eliminating tax deductions ('loopholes" actually increases tax revenue to treasury. HOW DID he do that? By claiming Reagan never really decreased taxes with his 80's tax policy, while Obama's tax policy of high rates and many deductions is lower taxes... SO WHY IS HE TAXING THE RICH if not to collect revenue??? That is the question you need to ask yourself...
LaydeeBug
(10,291 posts)99Forever
(14,524 posts)... understand what you are driving at, if you give this OP some context. Just a thought.
Motown_Johnny
(22,308 posts)LaydeeBug
(10,291 posts)MiniMe
(21,716 posts)LaydeeBug
(10,291 posts)LOL
MiniMe
(21,716 posts)Thanks
MiniMe
(21,716 posts)That will show people what an idiot Norquist is. They love Reagan so much, give them Reagan. BTW, if you didn't read down to see what the original article says, here is the link: http://www.politicususa.com/grover-norquist-fool-demanding-reagan-era-tax-rates.html