The GOP is still erroneously envoking Reagan, singing the praises of the Tax Raiser,
However, these revisionist views, expressed and championed by Limbaugh, Gingrich et.al.
are corrected here, and the record is set straight by Reagan's friend and long time conservative Alan Simpson (R).
From the mouth of his longtime friend,
Republican former Sen. Alan Simpson — who was a friend of Pres. Ronald Reagan and who was conservative enough to be elected to the Senate three times by voters in Wyoming, Dick Cheney’s home state.
http://www.youtube.com/watch?v=KInQb...layer_embedded
The myth dispelled from one of his own, and also dispelled by Reagan's own budget director, David Stockman.
Quote:
I didn’t come to this commission to raise taxes. That’s the myth. But I’ll tell ya, they’ve got to be on the table and they are on the table. So I’ll get my share of crap on that one.
But let’s just disengage ourselves from the myth that Ronald Reagan never raised taxes. He did. And here are four big ones. So I hope this will clear the air for some of the groups today.
In 1982, the Tax Equity and Fiscal Responsibility Act, that rolled back about a third of his ‘81 tax cuts, raised corporate tax rates, and to a lesser extent income tax rates. Raised taxes by almost 1 percent of GDP, which at that time was the largest percentage in peacetime increase ever.
[The] 1982 gas tax increase. [The] 1983 Greenspan commission — we know so well; [fellow commission member Alice Rivlin] remembers — we all … raised payroll taxes for lower and middle income households to higher than they were before Reagan’s ‘81 tax cuts. Then there was the 1984 deficit reduction tax.
Those are the big four. Then there was the Railroad Retirement Revenue Act, Consolidated Omnibus Budget of ‘85… ‘85…’87 Continuing Resolution, Omnibus Budget Reconciliation Act of ‘87, that was $8.6 billion
So there were a lot of them. Just thought I’d throw that in.
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GOP: Can't trust'em,
I looked for the misspelled word indicator and missed that little flub.
