Thought Catalog

Liberals

Your Comprehensive Guide To The Major Issues And Debates Of The 2016 Election

Trump would like to cut the top tax rate for people like himself from 39% to 25%. This will increase economic growth just like it did when President Reagan, Bush Sr., and good old Georgey cut taxes for millionaires and billionaires. Just kidding, all of history disagrees, each of these presidents encountered recessions and a ballooning deficit toward the end of their presidencies.