The Derp
Gold Member
- Apr 12, 2017
- 9,620
- 661
Reagan nearly doubled the federal income.
No, he didn't.
From the Tax Policy Center:
Receipts (in billions, 2009 Current dollars)
1981: $599.3
1988: $909.2
$991.1 - $599.3 = $309.9
$309.9/$599.3 = 52% growth, not 100% growth. Not even "nearly" 100% growth.
By contrast, Clinton took office in 1993, raised taxes, and federal revenues went from $1,154.3 up to $2,025 by 2000.
$2,025 - $1,154 = $871
$871/$1,154 = 75%
By contrast, Obama took office in 2009, let some tax cuts expire, and federal revenues went from $2,105 in 2009 to $3,335 through 2016.
$3,335 - $2,105 = $1,230
$1,230/$2,105 = 58%
So Clinton and Obama both grew federal revenues more than Reagan.
Your claim is factually incorrect. And because your argument hinges on this claim, the whole fucking thing unravels once the stray thread is pulled.
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