Tag Archives: Reagan Tax Increases

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Reagan Economic Adviser: TPaw Is Lying – Reagan Tax Cuts Did Not Raise Revenue ‘By Almost 100%’

Last week, former Minn. Gov. Tim Pawlenty, the Republican presidential candidate, claimed that:

“When Ronald Reagan cut taxes in a significant way, revenues actually increased by almost 100 percent during his eight years as president. So this idea that significant, big tax cuts necessarily result in lower revenues – history does not [bear] that out.”

Former Reagan and Bush I economics official Bruce Bartlett says Pawlenty’s assertion is false:

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