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- #81
And I probably make 2 times what you make... nanny nanny boo boo
Comparing or bragging about what you make online is plain silly.
So called socialistic entitlements are only 4% of each tax dollar, hardly enough to complain about but the complaints are really about other things.
Oxford Analytica - News - Reagan's Legacy
"ANALYSIS: The fiscal legacy of the early Reagan years was large budget deficits resulting from his programme to cut tax rates and bolster defence spending. During his first term, the deficit rose from 2.6% of GDP to a peak of 6.0% in 1983. However, in contrast to the current administration of President George Bush, he was not oblivious to the risk of large fiscal deficits and accepted numerous tax rises after the large tax cut bill in 1981:
The primary thrust of the 1981 tax bill was to reduce the top marginal income tax rate from 70% to 50% and significantly bolster business investment allowances. In the subsequent tax bills, he protected the reduction in marginal tax rates but took back much of the business tax relief."