You do realize that a president cannot raise taxes, right? That is the responsibility of congress. The president can sign or veto the bill, but that is the limit to his power. Reagan did agree to raise taxes in the spirit of compromise with the democrat congress. It is my understanding that there was an agreement between Reagan and the speaker of the house that for every additional dollar of government revenue, spending would be cut by twice as much. Unfortunately the speaker never intended to follow through on this compromise and spending actually increased.
We've beaten this horse to death many, many times.
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