SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Richard S who wrote (481718)10/26/2003 2:54:15 PM
From: Peter O'Brien  Read Replies (1) | Respond to 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.



To: Richard S who wrote (481718)10/26/2003 3:02:04 PM
From: DavesM  Respond to of 769670
 
That wasn't my comment. You either just made that up yourself, or tagging me with the words of another person.

Your comment: " Reagan cut taxes and we had a 15 year expansion"
Looks to me like you just make up whatever suits you and still have no proof that tax cuts work.



To: Richard S who wrote (481718)10/26/2003 3:03:51 PM
From: Peter O'Brien  Respond to of 769670
 
Here are the 1979 IRS income tax rates:

taxpolicycenter.org

Have fun!

Remember, no adjusting for inflation is allowed...