He just said Ronald Reagan lowered the top marginal rate from 90% in the 1981 tax reform.
He didn't. John F. Kennedy lowered the top rate from 90% to 70%.
Reagan lowered the top rate from 70% to 50%.
Just about everything Rush says about taxes is imprecise, and wrong, including about what he has no excuse for not knowing, namely taxes under his hero Reagan.
But hey, he can't even get the old chestnut "whose ox is gored" correct. Today it's the goose getting gored, or something.
Take another pill, Rush. Just one more hour to go before you're off for two weeks.
Update: My bad. Rush will be back tomorrow, to celebrate the tax bill passing.
Update: My bad. Rush will be back tomorrow, to celebrate the tax bill passing.
