Dave Ramsey on Debt

[Inconel710]

I maintain that Reagan only took in more revenue because he increase borrowing and spending. Which he did.

Seriously? Tax revenue doesn't include borrowing. Try again.

You can also try reading the history books - the Democrat controlled Congress failed to live up to their side of the bargain and cut spending. So now you'll can credit them for the increase in revenue.

There is no free lunch.

Something we agree on in principle. However your actions say otherwise.

As to tax levels of the 1960s one major difference. Those taxes back then were targeted at business and other wealthy targets more than the middle class. Today the middle class pays a larger portion of their earnings in taxes than they did in the 1960s. We need to close tax loop holes like the ones that give tax breaks to corporations for outsourcing American jobs over seas.

And here I will admit that I'm no expert on 1960's tax policy. However, with almost half of the population paying zero federal taxes, the comparison changes a bit.