Reagan is held up

Reagan is held up to us as an example of never raising taxes. Correction: Reagan raised taxes six of his eight years as president. Why? He was a pragmatist, not doctrinaire. He saw problems emerging, and when his policies faltered he changed his views. Flexibility, not rigidity. Eugene Jarecki

Coolidge was a pragmatist.

Coolidge was a pragmatist. He didn’t start out with a tax theory. But he observed over time that lower tax rates sometimes brought in extra revenue. The success of his and Treasury Secretary Andrew Mellon’s experiment with rate cuts has been obscured by our modern history books. Amity Shlaes