Activate the Mechanism!: Contrary to popular belief, taxes are lower under Obama than they were under Reagan.
In 1983, when Reagan was trying to get the economy out of recession, revenues were 17.5 percent of GDP. In 2010, when Obama was trying to guide the economy into a recovery, revenues were 14.9 percent of GDP.
Taxes are so low under Obama in large part because of the Bush tax cuts and the effects…
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