You can't have a balanced budget in a debt money system. Conservatism has nothing to offer America. In a debt money system I prefer the Democrats, because at least they will borrow some more money, and give some to the people.
I was referring to the total burden in the United States. Although Reagan lowered taxes more revenue came in because rich people weren't trying to evade taxes therefore their tax burden went up.
you see you didn't even understand what i said. I was not even refering to the tax bracket. And it is common knowledge that Reagan is solely responsible for the collapse of the soviet union. For years we followed detente which was a form of appeasement. The soviet Union doubled its efforts to catch up to the technology that reagan funded. The USSR ran out of money and could no longer geed its people.
@MuskratandRatman ... I don't know where you're getting your numbers, but according the IRS website, the top tax bracket was 70%, not 17%, in 1980 (unless, you're referring to their total burden after deductions). Also, please get YOUR facts straight...Reagan did NOT bring down the Soviet Union. They were well on their way to financial collapse by the late 1970s. Oh, and the jobs came in his SECOND term. Unemployment was 7.4% (down from 10.8%) when he was re-elected.
you need to get your facts right. By 1988 the tax burden of the top 1% of wage earners went from 17% to 27%. For the top 10% of wage earners it went from 48 in 1980 t0 57%. The bottom 50% of wage earners went from 8% to 5% by 1988. get your facts right. People were willing to pay Reagan rates. And at least Reagan brought us jobs and brought down the Soviet Union with his, in comparison with Obama's administration, minor addition to the debt.
anyone thinking what im thinking? RON PAUL 2012!
a2redneck 1 week ago
If Reagan came back and saw our country now, he would be truely dismayed.
usaeagle1776 1 week ago
@dodgeball441 Because borrowing more money and increasing the debt is a good idea, right?
Skateryd 3 weeks ago
You can't have a balanced budget in a debt money system. Conservatism has nothing to offer America. In a debt money system I prefer the Democrats, because at least they will borrow some more money, and give some to the people.
dodgeball441 3 weeks ago
@emantabrizi
I was referring to the total burden in the United States. Although Reagan lowered taxes more revenue came in because rich people weren't trying to evade taxes therefore their tax burden went up.
MuskratandRatman 3 weeks ago
@MuskratandRatman ... You weren't referring to the tax bracket? I figured as much. And? Are you going to explain what you were referring to?
emantabrizi 3 weeks ago
@emantabrizi
you see you didn't even understand what i said. I was not even refering to the tax bracket. And it is common knowledge that Reagan is solely responsible for the collapse of the soviet union. For years we followed detente which was a form of appeasement. The soviet Union doubled its efforts to catch up to the technology that reagan funded. The USSR ran out of money and could no longer geed its people.
MuskratandRatman 3 weeks ago
@MuskratandRatman ... I don't know where you're getting your numbers, but according the IRS website, the top tax bracket was 70%, not 17%, in 1980 (unless, you're referring to their total burden after deductions). Also, please get YOUR facts straight...Reagan did NOT bring down the Soviet Union. They were well on their way to financial collapse by the late 1970s. Oh, and the jobs came in his SECOND term. Unemployment was 7.4% (down from 10.8%) when he was re-elected.
emantabrizi 4 weeks ago
@emantabrizi
you need to get your facts right. By 1988 the tax burden of the top 1% of wage earners went from 17% to 27%. For the top 10% of wage earners it went from 48 in 1980 t0 57%. The bottom 50% of wage earners went from 8% to 5% by 1988. get your facts right. People were willing to pay Reagan rates. And at least Reagan brought us jobs and brought down the Soviet Union with his, in comparison with Obama's administration, minor addition to the debt.
MuskratandRatman 4 weeks ago
Any man willing to give up his freedom for security deserves neither.
MuskratandRatman 4 weeks ago