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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (5621)1/26/2009 10:55:09 AM
From: DuckTapeSunroof1 Recommendation  Respond to of 103300
 
A larger economy brings in more revenue, too....



To: longnshort who wrote (5621)1/26/2009 11:34:20 AM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 103300
 
When JFK cut taxes, the highest marginal rate was 90%. When Reagan cut taxes, the highest marginal rate was 70%. When Bush cut taxes, the highest marginal rate was 38%. Kennedy's tax cut did not produce huge deficits but Reagan's cuts did and so did Bush's.