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TrespassersW
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PostPosted: Thu Apr 12, 2007 9:13 pm    Post subject: Reply with quote
[quote="Xerxes"]
TrespassersW wrote:
Didn't he cut taxes?

I would rather pay more taxes if it meant that there was some honesty and integrity in government.
Clinton raised your taxes; would you call what he gave us "honesty and integrity?"

Xerxes wrote:
So what if he lowered taxes. He just raised them again.

Can you cite for me any instance where Reagan raised taxes?
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Xerxes
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PostPosted: Thu Apr 12, 2007 9:23 pm    Post subject: Reply with quote
[quote="TrespassersW"]
Xerxes wrote:
TrespassersW wrote:
Didn't he cut taxes?

I would rather pay more taxes if it meant that there was some honesty and integrity in government.
Clinton raised your taxes; would you call what he gave us "honesty and integrity?"

Xerxes wrote:
So what if he lowered taxes. He just raised them again.

Can you cite for me any instance where Reagan raised taxes?


*retraction* You're absolutely right. Thinking back, it was Bush 1 who raised taxes..."Read my lips, no new taxes".....
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Xerxes
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PostPosted: Thu Apr 12, 2007 9:26 pm    Post subject: Reply with quote
It was Reagan who raised the gasoline taxes in 83' and again in 84' to the tune of some $50 billion over 3 yrs.
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TrespassersW
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PostPosted: Fri Apr 13, 2007 5:02 am    Post subject: Reply with quote
Interesting... your reference made me do a little research, and I learned to my chagrine that Reagan did in fact raise taxes (or allowed them to be raised on his watch, but then that's the same thing)...

Quote:
Peter Wallison, who was White House counsel to President Reagan, responded to my analysis in the New York Times on October 26. He pointed to Ronald Reagan's resistance to tax increases in 1982, citing passages from Reagan's diary that were published in his autobiography, An American Life. The gist of Wallison's article is that Ronald Reagan successfully resisted efforts by his staff and many in Congress to raise taxes, thereby ensuring the victory of Reaganomics.

The only problem with this analysis is that it is historically inaccurate.
Reagan may have resisted calls for tax increases, but he ultimately supported them. In 1982 alone, he signed into law not one but two major tax increases. The Tax Equity and Fiscal Responsibility Act (TEFRA) raised taxes by $37.5 billion per year and the Highway Revenue Act raised the gasoline tax by another $3.3 billion.

According to a recent Treasury Department study, TEFRA alone raised taxes by almost 1 percent of the gross domestic product, making it the largest peacetime tax increase in American history. An increase of similar magnitude today would raise more than $100 billion per year.

In 1983, Reagan signed legislation raising the Social Security tax rate. This is a tax increase that lives with us still, since it initiated automatic increases in the taxable wage base. As a consequence, those with moderately high earnings see their payroll taxes rise every single year.

In 1984, Reagan signed another big tax increase in the Deficit Reduction Act. This raised taxes by $18 billion per year or 0.4 percent of GDP. A similar-sized tax increase today would be about $44 billion.

The Consolidated Omnibus Budget Reconciliation Act of 1985 raised taxes yet again. Even the Tax Reform Act of 1986, which was designed to be revenue-neutral, contained a net tax increase in its first 2 years. And the Omnibus Budget Reconciliation Act of 1987 raised taxes still more.

The year 1988 appears to be the only year of the Reagan presidency, other than the first, in which taxes were not raised legislatively...
http://www.nationalreview.com/.....290853.asp


So I guess this just proves the old adage that nobody's perfect. Wink
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Lester
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PostPosted: Mon Apr 16, 2007 6:34 am    Post subject: Reply with quote
Wowser people, I think someone in LVC just admitted they were *wrong* about something.

This civility you have Trespasser, it is strange to me.
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TrespassersW
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PostPosted: Mon Apr 16, 2007 6:55 pm    Post subject: Reply with quote
Lester wrote:
Wowser people, I think someone in LVC just admitted they were *wrong* about something.

This civility you have Trespasser, it is strange to me.

ROFLMAO! Hey, after so many years it's just nice to have someone notice. Cool

Seriously though, I can be a real prick when I think I'm in the right, but God help me if I'm ever too stupid (or too prideful) to recognize when the facts show that I'm wrong. (Besides, the only thing that happened here was that I learned something I didn't know, and that's always a win, right? I mean, who wants to choose to remain ignorant?)
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Lester
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PostPosted: Wed Apr 18, 2007 1:28 am    Post subject: Reply with quote
Apparently you learn something new every day.
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TrespassersW
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PostPosted: Wed Apr 18, 2007 6:18 am    Post subject: Reply with quote
Lester wrote:
Apparently you learn something new every day.

You'd be amazed.
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Lester
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PostPosted: Wed Apr 18, 2007 3:45 pm    Post subject: Reply with quote
TrespassersW wrote:
Lester wrote:
Apparently you learn something new every day.

You'd be amazed.


What if you slept all day?
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TrespassersW
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PostPosted: Wed Apr 18, 2007 3:50 pm    Post subject: Reply with quote
Lester wrote:
TrespassersW wrote:
Lester wrote:
Apparently you learn something new every day.

You'd be amazed.

What if you slept all day?

Well, maybe if you didn't make so much noise when you get up, snookums.
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Lester
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PostPosted: Wed Apr 18, 2007 4:02 pm    Post subject: Reply with quote
<_<

>_>


I thought we were going to leave that *out* of LVC.
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TrespassersW
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PostPosted: Wed Apr 18, 2007 6:49 pm    Post subject: Reply with quote
Lester wrote:
I thought we were going to leave that *out* of LVC.

My bad... I thought we agreed we were going to come out *to* LVC. Wink
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Lester
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PostPosted: Thu Apr 19, 2007 7:12 am    Post subject: Reply with quote
Oooo, good call.

I'm so the top.
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