I remember the oppressive tax rates before the Reagan tax cuts. We had inflation during the 1970's and people kept moving up into higher tax brackets with wage increases that did not have that consideration. Reagan's tax cut reduced the federal income tax by 23% over a couple of years or so and indexed inflation to the tax rates. You have no idea how much relief that was. It may be BS to you but it helped people survive better back then. Also the Federal Reserve under Paul Volcker raised interest rates to insane levels to squeeze out bad debts from the LBJ years. The 1970's were of malaise, inflation and massive quotas. It was fun. Only if you were younger.When he lowered the top rate to 70% from 90%. But Reagan and Bs GOP tax rates are now absolutely ridiculous and killing the country. Not to mention GOP minimum wage and sabotage of healthcare, and refusal of a national ID card that would end illegal immigration just like another countries with this problem. Another GOP scam for Dupes only. Snap out of it for crying out loud.in right wing fantasy,
Tax Cut economics is always fine and wonderful.
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