peanut2010
(78 posts)
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Sun Oct-05-08 03:23 PM
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Why will no one acknowledge Reagan`s tax increases? |
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I have been a truck driver for 32 years now and Reagan raised taxes on trucks about 400 percent in the form of federal use taxes and excize taxes on new trucks.He passed deregulation which put most independent truck owners out of business.He called out the national guard when we came out on strike over Reagan`s tax increases and forced us back to work.Ever wonder why truckers never had a strike over fuel prices? It`s because we have almost no independants left plus we are broke.Another sad fact over 1000 trucking companies have gone under since the first of 2008.I haven`t even talked about runaway insurance cost.This is why when anyone talks good about that dirty SOB my blood boils and BP goes through the roof I put him in the same slimy catagory as both Bushes and Tricky Dicky Nixxon.I know most people think really bad about truck drivers,but remember if not for farmers and truck drivers you would be BUTT NAKED AND HUNGRY
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Kerrytravelers
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Sun Oct-05-08 03:27 PM
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1. Because it goes against their ideology... the one that Reagan told them. |
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It's a complete circle that makes no sense.
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DesertFlower
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Sun Oct-05-08 03:29 PM
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2. i'm 67 years old and i have |
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never seen a tax cut. taxes were "rearranged". prescriptions used to be deductible at 1% of your income, medical at 3%. interest on credit cards and loans were tax deductible. so was sales tax and gasoline tax.
should i go on?
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Cresent City Kid
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Sun Oct-05-08 03:54 PM
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3. Reagan knew he screwed up and tried to hide it |
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Reagan's economic policy was bad math hastily scribbled on a napkin, literally. He was told, and believed that he could cut taxes and spending to the bone and still spend billions on defense despite the fact that the Soviet Union was crumbling on its own in the '70's.
As budget deficits grew, Reagan, unkike Bush, became concerned, albeit only on how it made him look to the public. I don't know for a fact, but suspect that taxes on trucking like you mentioned were his way of lessening the tax hikes on the general public, again because of how it would make him look.
And I do respect truckers on the road, and in general.
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aint_no_life_nowhere
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Sun Oct-05-08 03:58 PM
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4. Didn't Reagan engage in massive deficit spending? And isn't that a hidden tax |
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on the American people, with all the government borrowing and interest payments that entails?
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DU
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Sun May 05th 2024, 01:55 AM
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