3 ms·
And then came GWB and Dick Cheney with "Reagan proved deficits do not matter". Right away they slashed dividend income taxes, capital gains taxes, phased out es
by dh2022 1y ago
And then came GWB and Dick Cheney with "Reagan proved deficits do not matter". Right away they slashed dividend income taxes, capital gains taxes, phased out estate tax, took away Medicare's ability to negotiate lower drug prices or re-import them cheaper from Canada [0], and started two long expensive wars (Afghanistan and Iraq).
(It is my personal opinion that the current US Financial situation is due to GWB's presidency. He started this country on this road.)
[0] https://pmc.ncbi.nlm.nih.gov/articles/PMC1126891/ https://pmc.ncbi.nlm.nih.gov/articles/PMC1126891/