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DeAnne
Lv 7
DeAnne asked in Politics & GovernmentPolitics · 3 years ago

Pres. Reagan lowered taxes years ago. Why must we lower them again? Who changed it from Reagan's low plan?

10 Answers

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  • 3 years ago

    All the democrats that have been in office since.

  • 3 years ago

    Because Democrats went ahead and raised them again over those 30 years.

    Remember, when Reagan finished, there were 2 tax brackets, 15 and 28%. Now there are 7 brackets and the highest is 39%.

  • Anonymous
    3 years ago

    We need to lower them even further. Trump's tax plan is too Liberal. I'd say lower them to 0.05% all across the board, then cut all social safety nets and then quadruple the size of the military.

  • Anonymous
    3 years ago

    Clinton and Obama increased taxes and had no growth

  • Anonymous
    3 years ago

    The US currently has the highest corporate tax rate of the top 50 industrialized nations. All the liberals in Europe seems to know to drop their corporate tax rates, so why can't we figure that out.

  • Anonymous
    3 years ago

    Democrats

  • ?
    Lv 7
    3 years ago

    Don't you understand anything? If we lower taxes on the wealthy to zero, the economic growth will be so immense that the government will never have to borrow money again. Fox News told me so.

  • 3 years ago

    Gosh ... Bill Clinton did most of the damage.

  • ?
    Lv 7
    3 years ago

    tax rates being lowered will make trump's companies and the trump family hundreds of millions of dollars richer. That it the real reason for "tax cuts"

  • 3 years ago

    Taxes were increased in the meantime.

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