edthecynic
Censored for Cynicism
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Any fool can tell the truth, but it requires a man of some sense to know how to lie well.
Samuel Butler
April 7, 2010
RUSH: What are they so afraid of, why do they have to wipe out Reaganism? Top marginal tax rate in 1981, Reagan takes office, 70%. Total take to the Treasury then, $500 billion. Reagan leaves office in 1989. Top marginal tax rate, 28%, dropped from 70. Total take to the Treasury, almost a trillion dollars. Cutting tax rates from 70%, that was a top marginal rate at the time, down to 28% doubled revenues. We know how to increase revenue. That's not their objective with taxation. The regime doesn't care about raising revenue with taxation. No, no, no.
http://www.heritage.org/Research/Reports/2002/12/~/media/Images/Reports/B_1544_Chart_1lg_4/taxcuts2002.ashx
EDTHECYNIC: As the extremist right wing Heritage Foundation chart shows, revenue declines as a result of Reagan's tax cuts leading to the Reagan Recession of 1982 1983. Reagan followed his one tax cut with 8 tax increases in 6 years and revenue grows substantially!!!
If you notice, the professional CON$ervative liars always leave out Reagan's 8 tax increases as well as the decline in revenue AFTER Reagan's tax cut and BEFORE Reagan's 8 tax increases. And what is carefully left out shows premeditation and the intent to deceive.
This is one of the most professionally crafted lies in history. It is a perfect example of the CON$ervative technique of lying to your level of ignorance.
The best liar is he who makes the smallest amount of lying go the longest way.
Samuel Butler
Samuel Butler
April 7, 2010
RUSH: What are they so afraid of, why do they have to wipe out Reaganism? Top marginal tax rate in 1981, Reagan takes office, 70%. Total take to the Treasury then, $500 billion. Reagan leaves office in 1989. Top marginal tax rate, 28%, dropped from 70. Total take to the Treasury, almost a trillion dollars. Cutting tax rates from 70%, that was a top marginal rate at the time, down to 28% doubled revenues. We know how to increase revenue. That's not their objective with taxation. The regime doesn't care about raising revenue with taxation. No, no, no.
http://www.heritage.org/Research/Reports/2002/12/~/media/Images/Reports/B_1544_Chart_1lg_4/taxcuts2002.ashx
EDTHECYNIC: As the extremist right wing Heritage Foundation chart shows, revenue declines as a result of Reagan's tax cuts leading to the Reagan Recession of 1982 1983. Reagan followed his one tax cut with 8 tax increases in 6 years and revenue grows substantially!!!
If you notice, the professional CON$ervative liars always leave out Reagan's 8 tax increases as well as the decline in revenue AFTER Reagan's tax cut and BEFORE Reagan's 8 tax increases. And what is carefully left out shows premeditation and the intent to deceive.
This is one of the most professionally crafted lies in history. It is a perfect example of the CON$ervative technique of lying to your level of ignorance.
The best liar is he who makes the smallest amount of lying go the longest way.
Samuel Butler