You conveniently "forgot" the part that the Democrat Congress promised to cut spending and then reneged on that promise. Revenues DOUBLED in that decade from the tax cuts.Oh I'm sorry. 28%
The second tax cut (Tax Reform Act of 1986) among other things, cut the highest personal income tax rate from 50% to 38.5% but decreasing to 28% in the following years and increased the highest capital gains tax rate from 20% to 28%.
I'm saying corporate taxes paid for a lot in the 1950's. 33%. Under reagan they only paid for 9%. Sad huh?
Yes he did.
Sorry you don't like the truth from my sources. Here's another good one
Nobles Need Not Pay Taxes
A new aristocracy is taking over not just the United States of America but also the world. ... This is more than just a tax cut story.www.thomhartmann.com
Inflation went from 13.4% down to 4.14% during Reagan's term and 30 year mortgage rates went from 18% down to 10.3%.