Wha-wha-wha-what? Ronnie "The Socialist" raised taxes? That's right kiddos

[kpete]

FROM BLOOMBERG:



Ronald Reagan remains the modern Republican Party’s most durable hero. His memory will be hailed as The Great Uncompromiser by those who insist the GOP must never flag in its support for smaller government, lower taxes and conservative social values.

His record tells a different story.

During Reagan’s eight years in the White House, the federal payroll grew by more than 300,000 workers. Although he was a net tax cutter who slashed individual income-tax rates, Reagan raised taxes about a dozen times.

http://www.politico.com/blogs/media/2012/08/bloomberg-insider-brands-reagan-socialist-133426.html

[immoderate]

1. He lowered taxes on the rich; raised them on the middle class.

That was his trick.

--imm