President Reagan Was A Tax Increaser

He cut taxes when the economy was bad and raised them when it was better, to keep budget deficits from exploding. Modern conservatives who foam at the mouth over tax increases should remember that.

Legislation
Billions of Dollars
Tax Equity and Fiscal Responsibility Act
57.3
Highway Revenue Act of 1982
4.9
Social Security Amendments of 1983
24.6
Railroad Retirement Revenue Act of 1983
1.2
Deficit Reduction Act of 1984
25.4
Consolidated Omnibus Budget Reconciliation Act of 1985
2.9
Omnibus Budget Reconciliation Act of 1986
2.4
Superfund Amendments and Reauthorization Act of 1986
0.6
Continuing Resolution for 1987
2.8
Omnibus Budget Reconciliation Act of 1987
8.6
Continuing Resolution for 1988
2.0
Total cumulative tax increase
132.7

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