Quote:
Originally Posted by Broadsword2004
Reagan's deficit was from a few reasons from my understanding:
1) Massive tax cuts
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Tax cuts is an insanely vague and misdirected phrase in any political discourse. Increased tax revenues come from increasing the number of tax payers. Every effort that increases tax payers has increased tax revenues. When have attempts to increase tax rates increased the number of tax payers and/or increased tax revenues?
Further insanity prevails with both parties removing large parts of the population from the tax paying rolls. Everyone must have some skin in the game.