UNDERNEWS: Time to Roll Back Reagan’s Middle-Class Tax Increases

August 2, 2021

Time to Roll Back Reagan’s Middle-Class Tax Increases

While Reagan cut the top tax rate from 74% to 25% on billionaires, he raised taxes on working people by enforcing taxation of tips, taxing Social Security & unemployment income, and doing away with the interest-on-credit-cards-and-car-loans tax deduction.

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ABOUT THE EDITOR

The Review is edited by Sam Smith, who covered Washington under nine presidents, has edited the Progressive Review and its predecessors since 1964, wrote four books, been published in five anthologies, helped to start five organizations (including the DC Humanities Council and the DC Statehood Party), was a plaintiff in three successful class action suits, served as a Coast Guard officer, and played in jazz bands for four decades.

A truly independent journalist with his feet firmly grounded in the reality of neighborhoods and everyday people. -- Patrick Mazza, Progressive Populist

A truly original voice in American journalism: humorous and plain spoken and filled with common sense -- Jay Walljasper, Utne Reader

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Sam's a cynical cat -- Marion Barry

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One of a small group of whites with whom many blacks would trust their political lives - Chuck Stone, Washingtonian.

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Smith is an island of reason and information in a sea of narcissistic blather. -- City Paper, Washington

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