I'm assuming you're referring to the payroll tax increase?kalm wrote:If IIRC one of the compromises was a significant increase on entitlement taxes. Regardless, he would have failed Grover's pledge repeatedly which no current conk has the stones to do.Baldy wrote:
Not so fast there, kalm. Context is everything, not just what you read from HuffPoop, thinkprogress, or Rolling Stone.
Without going into a multi-paragraph long dissertation, lets just say not all tax increases and tax cuts are created equal. Comparing a massive revamping and simplification of the tax code by getting rid of 14 tax brackets, indexing the tax code to inflation, and lowering the highest marginal rate to 28% from 70% to a temporary excise tax increase or a temporary increase in the fuel tax or the elimination of some deductions is being just a little disingenuous. You also need to be made aware that many of those so-called "tax increases" were deals made with the Donk controlled Congress where Reagan swapped a minor tax increase for a decrease in certain types of spending.
Trying to compare amnesty for illegals in 1986 and today is also a little disingenuous. There are 10 times the number of illegals now compared to then, and when Reagan signed the Immigration Reform and Control Act of 1986 it made it illegal from a business owner to hire illegals and it required them to attest to their employees immigration status. As part of the deal, Congress was supposed to enact much stricter controls on the border to stem the flow of illegals, and of course, they didn't hold up their end of the bargain.
Way to ruin my overly simplistic, non-nuanced donk meme with your multi-paragraph, long dissertation.
There was an increase. It's significance is a matter of opinion I guess. When Reagan came into office it was at 6.65%. When he left it was raised all the way to 7.51% due to the impending insolvency of SSI.
