Post #19124 by ptheland on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (5)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

One problem with overly simplistic comparisons is that they don't capture the different circumstances that might demonstrate some understanding of nuance by the writer of these simplistic comparisons.

For example, corporate tax rates when Reagan took office ranged from 17% to 46%. By the time he left office, those rates were from 15% to 34% (with a small range at 39% to recapture the benefit of the lower brackets). That makes Reagan a tax cutter for corporations. The Biden proposal would RAISE corporate taxes from their current flat 21% (put in place under the previous administration) to 28%. So Reagan cut corporate taxes and Biden is proposing to raise them. I don't think that makes Biden more Reagan than Reagan.

--Peter

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (5)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.