:::::::::[http://money.cnn.com/2010/09/08/news/economy/reagan_years_taxes/index.htm This article] has a good description of taxes under Reagan. In short, when Reagan entered office he enacted a large tax cut, but the deficit grew too large and he had to enact the largest ever peace time tax increase. It would have been easy for a liberal to cut taxes like Reagan did, but as you pointed out above, someone of the opposite party might have had difficulty in enacted the tax increases he pushed through. [[User:SammyP|SammyP]] 00:59, 5 January 2012 (EST) | :::::::::[http://money.cnn.com/2010/09/08/news/economy/reagan_years_taxes/index.htm This article] has a good description of taxes under Reagan. In short, when Reagan entered office he enacted a large tax cut, but the deficit grew too large and he had to enact the largest ever peace time tax increase. It would have been easy for a liberal to cut taxes like Reagan did, but as you pointed out above, someone of the opposite party might have had difficulty in enacted the tax increases he pushed through. [[User:SammyP|SammyP]] 00:59, 5 January 2012 (EST) |