Re: Tax Cuts Don't Boost Revenues

On Feb 20, 10:41=A0am, "Jorge W. Arbusto, Presidentchul Candydate"
<CleaninOutTheStab...@[EMAIL PROTECTED]
> wrote:
> Stevie Nichts wrote:

> > And how did things work out? Laffer is convinced that the
> > reduction of the top tax rate from 70% to 28% during the Reagan
> > years paid for itself--
>
> The deficit--which Reagan harped on during the presidential
debates--tripl=
ed
> at the end of his second term.

Because Congressional spending far outstripped revenues.