Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (955384)	8/9/2016 5:03:56 PM
From: jlallen	Respond to of 1575397

Actually....it was Tipper and the Dems....its the Congress that raises taxes, etc....you should familiarize yourself with the Constitution....

To: Ron who wrote (955384)	8/9/2016 5:47:57 PM
From: PKRBKR	1 Recommendation Recommended By TimF Respond to of 1575397

Original point =Reagan RAISED taxes. Period. No argument and he did it more than once but these don't compare with the cuts made in '81 that resulted in massive economic growth. The Office of Tax Analysis of the United States Department of the Treasury summarized the tax changes as follows: [3] repealed scheduled increases in accelerated depreciation deductions tightened safe harbor leasing rules required taxpayers to reduce basis by 50% of investment tax credit instituted 10% withholding on dividends and interest paid to individuals tightened completed contract accounting rules increased FUTA wage base and tax rate