WWRRD? (What Would Ronald Reagan Do?) (Congress, elect, money, government)

[jeffpv]

Raise taxes.
Federal taxes were over 18% of GDP by the end of Reagan's second term.

Currently, they sit at just under 16%.

So, let's follow Ronnie's lead!

(Source: PolitiFact Virginia | Rep. Gerry Connolly says Reagan raised taxes during five years of presidency)

[DiogenesofJackson]

Originally Posted by jeffpv

Raise taxes.
Federal taxes were over 18% of GDP by the end of Reagan's second term.

Currently, they sit at just under 16%.

So, let's follow Ronnie's lead!

(Source: PolitiFact Virginia | Rep. Gerry Connolly says Reagan raised taxes during five years of presidency)

What would Ronnie Rayguns do? Let's see, I'd bet, based on his record, he'd crack a joke or two about what Nancy was telling him during their "pillow talk" time, probably make some off-color remark about welfare queens driving cadillacs, ask Congress for more money to develop SDI (which didn't work), and plead ignorance when it came to federal laws circumvented or outright broken by folks in his administration.

[middle-aged mom]

Reagan was also an advocate for a balanced budget. Yet, he never, not once, submitted a balanced budget.

He and Greenspan conspired to create an enormous invisible tax hike, Social Security-$1.5 Trillion. The funds were used to buy T bills- a loan to Government to be used for other appropriations.So instead of there being real money in the bank to pay benefits 20+ years into the future, there were IOUs from the government. What Reagan did not spend, subsequent administrations did until Social Security was tapped out.

[GregW]

Ask his wife to consult her astrologer for a way to shift the taxes onto the producers and away from the owners. He must have found one because that is what the SS trust funds did. We are still paying for that rip off.

[Bulldogdad]

Let ALL of the taxes revert back.

[monkeywrenching]

Originally Posted by jeffpv

Raise taxes.
Federal taxes were over 18% of GDP by the end of Reagan's second term.

Currently, they sit at just under 16%.

So, let's follow Ronnie's lead!

(Source: PolitiFact Virginia | Rep. Gerry Connolly says Reagan raised taxes during five years of presidency)

if not for a lame duck potus such as carter, taxes would have been alot lower. but at least RR did not do the blame game that pbo has been doing since he got elected in 08.

[ChrisFromChicago]

Reverse a long-term-trend on deficit reduction, go Ronnie!

Originally Posted by jeffpv

Raise taxes.
Federal taxes were over 18% of GDP by the end of Reagan's second term.

Currently, they sit at just under 16%.

So, let's follow Ronnie's lead!

(Source: PolitiFact Virginia | Rep. Gerry Connolly says Reagan raised taxes during five years of presidency)