Thursday, June 02, 2011

EvelJustin24: "Tax Rates Under Obama Lower Than Reagan" (video)

24EvelJustin24, video (04:45).

Howie P.S.: Pat Garofalo (Think Progress) writes:
Republicans are very fond of saying that the U.S. has “a spending problem, not a revenue problem.” But the truth is that revenue has plunged due to the recession and to continued misguided tax cuts, and revenue needs to be raised to eventually bring the budget into balance. And Reagan knew that taxes were an important part of the budget equation. After all, he “raised taxes in seven of his eight years in office,” including four times in just two years. MORE...

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