From: "Gary Britt" 





"Geo"  wrote in message
news:4399681c$1{at}w3.nls.net...
> "Gary Britt"  wrote in message
> news:4398f6c2$1{at}w3.nls.net...
> > LOL, you're confusing the carter years inflation with what happened
under
> > Reagan.
>
> No I'm not, it takes years for wages to catch up with inflation.

Then to the extent the delay in catching up took place under Reagan, the
people catching up were benefited even MORE under Reagan's 3 tax brackets
and lower rates than if the catch up happened under Carter.  Bracket creep
happened because of having many brackets packed tightly together.  Reagan
cut the brackets down to 3 and they were spread far apart, therefore
bracket creep due to inflation was virtually eliminated.  Your points in
your reply don't change that fact.

>
> And your logic about the change is wrong too, if your taxes increase and
so
> you see 1/2% more of your pay going to your taxes, that doesn't mean your
> taxes have increased by 1/2%

I never said anything different from this.  I didn't say anything about
this.  Its irrelevant to your FALSE claim that tax receipts went up under
Reagan because of inflation.  That statement is just patently inaccurate
and false.

>
> Oh, and we are still paying on the Reagan debt.
>

So ?  And it was Congress' debt not Reagan's.  A democrap congress' debt
for the most part.

Gary

--- BBBS/NT v4.01 Flag-5