Marginal rate is not effective rate. In fact, when Reagan cut the top marginal rate multiple times while also changing loopholes the effective tax rate on the t

Marginal rate is not effective rate. In fact, when Reagan cut the top marginal rate multiple times while also changing loopholes the effective tax rate on the top increased after some of those changes [1]. [1] https://www.cbo.gov/sites/default/files/110th-congress-2007-2008/reports/12-23-effectivetaxratesletter.pdf https://www.cbo.gov/sites/default/files/110th-congress-2007-...