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"Will Bunch reminds his readers that as California's governor, Reagan signed the largest tax hike in the state's history ($1 billion in a $6 billion budget) as well as approving a bill legalizing abortions. In an article in the conservative National Review (10/29/03) Bruce Bartlett, one of Reagan's economic advisors, states that the 1982 Tax Equity and Fiscal Responsibility Act [was] the largest peacetime tax increase in American history." Bartlett goes on to list tax increases for every year from 1982-1987. Economist Paul Krugman sums it up succinctly: "No peacetime president has raised taxes so much on so many people."
Okay, so you found a columnist that leans the same way you do....
Now, regarding the title of the thread;
What taxes have been cut by this President?
Thanks for ignoring the fact that Reagan raised taxes more than any President in history..I figured you'd ignore it when your hero does it. To actually answer your question. Here's a little something...
What are the 2009 & 2010 Obama Tax Cuts?
So long as Obama’s plan does as it promises, you will see:
A tax refund of $500 per individual ($1,000 per married couple) if you’re making under $200,000 ($250,000 if married). If under those thresholds you will also not see your tax rate increase.
If you’re a homeowner and don’t itemize your taxes, you can claim a 10% Universal Mortgage Credit. This averages out to $500 per homeowner.
Thanks for ignoring the fact that Reagan raised taxes more than any President in history..I figured you'd ignore it when your hero does it. To actually answer your question. Here's a little something...
What are the 2009 & 2010 Obama Tax Cuts?
So long as Obama’s plan does as it promises, you will see:
A tax refund of $500 per individual ($1,000 per married couple) if you’re making under $200,000 ($250,000 if married). If under those thresholds you will also not see your tax rate increase.
If you’re a homeowner and don’t itemize your taxes, you can claim a 10% Universal Mortgage Credit. This averages out to $500 per homeowner.
Thanks for ignoring the fact that Reagan raised taxes more than any President in history..I figured you'd ignore it when your hero does it. To actually answer your question. Here's a little something...
What are the 2009 & 2010 Obama Tax Cuts?
So long as Obama’s plan does as it promises, you will see:
A tax refund of $500 per individual ($1,000 per married couple) if you’re making under $200,000 ($250,000 if married). If under those thresholds you will also not see your tax rate increase.
If you’re a homeowner and don’t itemize your taxes, you can claim a 10% Universal Mortgage Credit. This averages out to $500 per homeowner.
And the $600B in NEW taxes does what to the $500 cut?
Liberals are amazing.. "My taxes were cut, see, look, he cut this tax, and that tax... Oooh those tax increases that are more than the cuts, they dont count"..
My skills are exceptional for a foreigner...
Half the commentators here make errors...
As for english,it is E-nglish only for persons & the nation,the language doesn't have any status suitable for capital E...
So,you should check your ...english...
When you learn that the space goes after the comma, and that only one period is necessary to stop a sentence, then you can come and talk to me about English grammar, my friend.
Come on Nancy, what was the top marginal rate when Reagan took office? What was it when he left?
oooh I know.. I know...
1981- married filing jointly, had a maximum marginal tax rate of 70%
1989 - Married filing jointly, had a maximum marginal tax rate of 28%.
Family making $50K a year, under Reagan dropped from 49% to 28%
Anyone who thinks Obama cut taxes more than Reagan is just being foolish..
When you learn that the space goes after the comma, and that only one period is necessary to stop a sentence, then you can come and talk to me about English grammar, my friend.
Peace.
Haha, it was YOU that started talking about peoples spelling and grammar, and it was YOU who claimed that english should be capitalized when it shouldnt be.
Give it a rest...
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