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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Steve Dietrich who wrote (155666)2/26/2009 4:16:29 PM
From: geode001 Recommendation  Read Replies (1) of 173976
 
Reagan's top rate was 50%. Reagan is the right's perfect president.

The 50% rate sounds about right since lowering tax rates have only contributed to the horrific financial and economic situation we are in. The reliance on taxation to guide human behavior is simplistic and often wrong. Even if nonmortgage interest isn't deductible people still borrow until their eyes glaze over.
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