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<blockquote data-quote="Bringdough" data-source="post: 1366097" data-attributes="member: 54101"><p>Facts my butt! If you are talking income tax rates you are so very wrong! In 1980 the tax code had 16 tax brackets, top rate %70. In 1989, two tax brackets, 28, 14. The taxes Reagan did raise, cigarette tax and temporary raise in gas tax. The other so called tax increases were eliminating certain deductions. And Reagan indexed tax rates to inflation, to get rid of bracket creep. </p><p></p><p></p><p>Sent using BrownCafe App</p></blockquote><p></p>
[QUOTE="Bringdough, post: 1366097, member: 54101"] Facts my butt! If you are talking income tax rates you are so very wrong! In 1980 the tax code had 16 tax brackets, top rate %70. In 1989, two tax brackets, 28, 14. The taxes Reagan did raise, cigarette tax and temporary raise in gas tax. The other so called tax increases were eliminating certain deductions. And Reagan indexed tax rates to inflation, to get rid of bracket creep. Sent using BrownCafe App [/QUOTE]
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