A new study livens the issue
Democrats generally call it "the fairness issue." Jesse Jackson describes it as a "reverse Robin Hood process, taking from the poor and giving to the rich." The President dismisses all such talk as "political demagoguery." Last week the non-partisan and widely respected Congressional Budget Office published a report that seemed to concede the argument to the Democrats. Its conclusion: Reaganomics, with its deep personal income tax cuts and reductions in spending on social programs, has been a boon to the nation's wealthy families and has hurt those...
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