Republicans roll eyes at Obama's (accurate) assertion that taxes were higher under Reagan

Amplify’d from www.dailykos.com

First, the facts (.xls):

During Ronald Reagan's presidency, total federal tax revenue as a percentage of GDP averaged 18.2%, reaching a low point of 17.3% in 1984.

During Barack Obama's presidency, total federal tax revenue as a percentage of GDP has averaged 14.9% and is projected to drop to 14.4% in 2011. Read more at www.dailykos.com

 

See this Amp at http://bit.ly/kGhO8w