Ronald Reagan raised my taxes!

[Democrats_win]

He removed the tax deduction on interest paid for car loans. This enabled him to spread the money I was paid for hard work to rich people.

He also substantially increased payroll taxes.
http://www.dailyhowler.com/dh060804.shtml

[tsuki]

1. Don't forget taxing unemployment, excise and gas tax. He wiped

out the tax breaks that were given the middle class.

[Warpy]

2. Don't forget the cruelest one

He removed the deduction for out of pocket health care costs. Congress put part of it back, but not enough for most of us.

This one was pure, fulminating evil.

[jmowreader]

3. That's the thing Reagan apologists always want to forget

Yes, Reagan signed the biggest tax cut in history, up to that point. (In unadjusted dollar figures, Bush's cuts beat Reagan's 1981 cut--in adjusted dollars, Reagan's cuts are still larger.)

Reagan, however, was more realistic than Bush on one point: when it was obvious the 1981 Reagan cut was going to wreck the economy, Reagan adjusted it--not enough, but he did. When it was obvious the Bush cuts were going to wreck the economy, he did the only thing Norquist would let him do--cut taxes even further!

Reagan's 1982 tax hike, in inflation-adjusted dollars, was even larger than Bill Clinton's.

[sinkingfeeling]

4. He removed all interest tax deductions except the one on mortgage interest. And

upped the percentage of money withheld for Social Security... so that we boomers could retire.