DC’s Big Spenders Flunk Basic Math

Rep. Darrell Issa, Washington Times
Politicians in Washington have spent the better part of the past two months advancing a myth that is undermining one of the most important public policy debates in recent memory. It’s a myth that is coming at the expense of solutions based on common sense that could return us to balance and fiscal stability.Twenty-six years ago, President Reagan implemented significant tax reforms that lowered the individual income tax rate, limited deductions and brought equality to tax rates across all levels. Before that reform, there had been 15 different marginal tax rates reaching levels as…

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