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Politics : Foreign Affairs Discussion Group

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To: michael97123 who wrote (218451)	2/14/2007 3:12:45 PM
From: Katelew	Read Replies (1) of 281500

Under Reagan, incentives moved toward investment Can you cite examples of this? And what the heck do you mean by 'away from profligrate spending'? I think you're being a bit of an elitist in your comment about sales tax. Lower quintile workers aren't automatically stupid. They figure out to itemize if it benefits them. I think you have to itemize to get the EITC, don't you? And sales tax deductions were easy back then. If you didn't want to keep receipts, you could just take one big deduction for it. Kind of like the standard deduction now. Pretty easy for the working poor to figure that one out.

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