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Title : The Truth: Ronald Reagan Did Non Cutting Taxes
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The Truth: Ronald Reagan Did Non Cutting Taxes

Murray Rothbard had it correct decades agone when he wrote:

 Reagan is past times far the biggest spender inwards American history. He is likewise the biggest taxer. Taxes were never cut.

Now the Keynesian quondam Treasury Secretary, Larry Summers, admits every bit much:

 [N]ational economical council chairman Gary Cohn... said “Look, revenue enhancement cuts are actually of import to me. I intend it’s a once-in-a-lifetime opportunity. We haven’t done revenue enhancement cuts inwards 31 years. So, to travel a purpose of an direction that gets something done that hasn’t been done for 31 years is enormously challenging, enormously interesting to me.”

The occupation alongside this contention is how utterly incorrect it is. Taxes were non cutting 31 years ago. Influenza A virus subtype H5N1 cardinal betoken of the 1986 Tax Reform Act was that it was revenue neutral.

The same is probable to travel on nether Trump. It volition travel to a greater extent than frequently than non simply a shifting of the betoken of taxation.

-RW

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