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To: Jesse
Regan had a republican senate when he made his tax cuts and for 5 more years. Bush had one for 1 or 2 months. At least know the history of the '80s before pronouncing judgment.
59 posted on 08/04/2002 9:33:16 PM PDT by Texasforever
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To: Texasforever
"Regan had a republican senate when he made his tax cuts"

That wasn't a tax cut, it was the biggest tax increase in our history!

The tax simplification act of 1986 destroyed 30 years of tax planning and cut the rug out of what wasn't loopholes but designed subsidies. For one thing it was and is the direct cause of the escelating rents and the reason that no rental properties are being built except for the ultra high rent units. It was also the cause of the realestate crash of 90.

He was also a rotton governor of California, he doubled taxes and trippled the size of the state government. He also gave us state witholding taxes in order to ballance the state budget in his last year by collecting 2 years taxes in one year on a one time basis.

118 posted on 08/04/2002 10:07:41 PM PDT by dalereed
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