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To: cynwoody
It destroyed the construction business.

I hadn't paid taxes since 1976 with a 6 figure income every year and have to pay taxes every year since with an income under $50K in each of the years.

That tax increase stopped all residential construction and by 1992 those animals had moved into commercial with their illegal alien help and I was forced to close a 57 year old business.

71 posted on 09/11/2015 1:10:27 AM PDT by dalereed
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To: dalereed
All I know is I paid less tax, without having given a thought to tax planning, much less hiring a tax planner. And the overall economy grew at the same time. Reagan was brilliant!

And that's how it should work. Americans should not need tax planners to prosper.

72 posted on 09/11/2015 1:20:50 AM PDT by cynwoody
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