Wednesday, June 09, 2004

Reagan - The Great Taxer


krugman on why Reagan was better than Bush.

Ronald Reagan does hold a special place in the annals of tax policy, and not just as the patron saint of tax cuts. To his credit, he was more pragmatic and responsible than that; he followed his huge 1981 tax cut with two large tax increases. In fact, no peacetime president has raised taxes so much on so many people.

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