- Joined
- Mar 27, 2014
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- 63,644
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They kicked and howled over the Reagan tax reforms but the end result is that everyone was better off.
Median income rose 4K dollars. People from lower quintiles jumped two or three.
Amazing what happens when more people have more money in their pockets. Not to mention the government brought in more money because of it.
Tax cuts reduce revenues. If you're playing word games, fine, but we don't need to pretend there is a Tax Santa Clause out there to support lower tax rates. That's delusion, a lie. You can just support spending cuts if you want to be intellectually honest.