Old, but relevant. Democrats controlled Congress at the time, but didn’t control the Presidency.
Now, they do.
Is Democratic Tax Bill a Return to Carternomics?
October 29, 2007 12:17 PM ET
“We would actually have for more people higher tax rates than what we had under Jimmy Carter” is the way Lawrence Lindsey, former director of President Bush’s National Economic Council, described to me what might happen if the tax reform bill from House Ways and Means Committee Chairman Charlie Rangel ever became law…