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Politics : PRESIDENT GEORGE W. BUSH

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To: Richard S who wrote (481718)10/26/2003 2:54:15 PM
From: Peter O'Brien  Read Replies (1) of 769670
 
I suggest you fill out your income tax using
the 1979 IRS schedules if you think Reagan was
so bad.

And don't bother adjusting today's income
for inflation since 1979. Just plug today's
income directly into the 1979 tax rate schedule
and see what you get.

Jimmy Carter didn't believe in indexing
tax brackets to inflation. He liked to raise
everyone's taxes without having to change the
law. He just let inflation do the dirty job
for him.
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