I have three degrees. And I won’t let you continually answer questions with questions. Man up and tell everyone on these boards you are a liar. Why did you for months tell everyone as fact tax cuts always produce revenue increases? The Reagen tax cuts were considered a failure as the deficit soared and this is why Reagen signed numerous tax increases pulling back most of the 81 tax cuts. The tax cuts of 81 produced a huge drop in revenue with subsequent tax increases only bringing revenues up to their historical average as documented in this snippet from the Economist April 2015:
“As projections for the deficit worsened, it became clear that the 1981 tax cut was too big. So with Reagan’s signature, Congress undid a majority of the 1981 tax cut by increasing taxes tremendously in 1982, 1983, 1984 and 1987.”
You never learned this from Limbaugh now did you. Now go ahead a change the subject again as liars always do.
“As projections for the deficit worsened, it became clear that the 1981 tax cut was too big. So with Reagan’s signature, Congress undid a majority of the 1981 tax cut by increasing taxes tremendously in 1982, 1983, 1984 and 1987.”
You never learned this from Limbaugh now did you. Now go ahead a change the subject again as liars always do.
Comment