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To: GraceZ who wrote (108347)6/12/2001 7:00:23 PM
From: craig crawford  Read Replies (3) | Respond to of 436258
 
reagan cut tax rates in 1981. only ignorant and disingenuous liberals try to claim that it lowered tax receipts.



To: GraceZ who wrote (108347)6/12/2001 7:43:36 PM
From: flatsville  Respond to of 436258
 
>>>The rise in tax receipts was a direct result of lowered marginal rates. Correct me if I'm wrong but I believe that the lowering of marginal rates occurred prior to 1986, right? You were the one who thinks that the rise in tax receipts occurred only after Congress closed loopholes in '86.<<<

Both the 1981 and 1986 tax bills had rate reduction. The 1981 effort didn't quite cut it now did it? They finally figured out why...gotta close the loopholes.

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