Discussion in 'History' started by JBeukema, Nov 26, 2010.
Newsflash: Ronald Reagan Raised Taxes (You Idiots) | Firedoglake
Presidents can't raise taxes, Congress does that. Reagan had a Democrat Congress to work with, Democrats raised taxes (you idiots).
It's the same with the "Bush Tax Cuts". Impossible because according to the Constitution, Congress controls the purse strings. Last time I checked, G.W. Bush wasn't in Congress, he was the President.
Either way, I'm glad the national discussion has turned to tax cuts and budget plans.
Presidents can veto.
It was the first time in history, that taxes were raised on the lower class and lowered on the higher class.
Why is it liberals always try to make well loved conservatives into liberals? I saw that guy, Maddow, do the same thing. The hypocracy being that if a conservative does it, it is a bad thing....But if a liberal does it, us Trogs just don't understand the nuance and brilliance. I would be a huge Obama supporter if he did exactly what Reagan did. But the reality is that Barry is just a child compared to The Gipper, and there is no possibility of that ever happening. Whatever Reagan did, it worked...My parents and millions of others jumped up the income ladder at warp speed in the 80's. Not happening so much now
Of course many doing well in the 80's was all due to what Reagan did.
If you care to look you will find Reagan's signature on all the bills that raised taxes. (You will also find democrats signatures on all that lowered taxes. (they had the majority)
That's the way it works.
At a comparable time in the Reagan administration unemployment stood at about 7.5% and his popularity was also comparable to Obama.
How soon we forget.
It was also the first time taxes were lowered in time of war.
You mean 10.8. Unemployment was at 10.8% in December of Reagan's second year in office.
When up for reelection, Reagan won all but one of our 50 (or 57 states), let's see how Obama does, that is, if he even runs.
Separate names with a comma.