Why Oh Why Can't We Have a Better Press Corps? Don't Believe Claims About Fiscal Policy You Read in Forbes Edition - http://delong.typepad.com/sdj...
This is one of the most concise tax-rate explainers I've seen. Apples to apples makes for an interesting graph, and a somewhat different narrative than "tax receipts are independent of tax rates" proponents peddle. Reagan presided over one of the biggest tax cuts, and one of the biggest tax rises, ever. The tax rise gets edited out of history for some reason. - Daniel Dulitz