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Archive of posts published in the tag: Bracket creep

The Need for Permanence in the Tax Code

from The WSJ, Phil Gramm and Michael Salon, Reagan Cut Taxes, Revenue Boomed:  As inflation plummeted from the CBO’s projected average annual rate of 8.3% for 1982-86 to an average of 3.8%, revenue compared with projections tumbled $22 billion in 1982

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