… [T]o call me one [an Englishman] without those rights is like calling an ox a bull.  He’s thankful for the honor, but he’d much rather have restored what’s rightfully his.

—- Benjamin Franklin, 1776

       The Reagan Reverie (“Revolution?”) continues: Republican (fascist/socialist) President Reagan, a self-proclaimed fiscal conservative, signs the Kemp-Roth Economic Recovery Tax Act of 1981, and the Omnibus Budget Reconciliation Act of 1981, which reduces the top rate of the unlawful income tax from 70% to 50%, on amounts over 106,000 “dollars” per year for United states enemy-citizens who are single, 215,400 “dollars” per year for U.s. enemy-citizens who are married; thus reducing income tax collections 750,000,000,000 “dollars” over the next five years, and “cutting” (cuts from projected increases, as opposed to cuts in absolute spending) unlawful Federal expenditures 130,000,000,000 “dollars” over the next three years.  This reduction in the tax rate is not intended to reduce the size of the Federal government, but rather to increase its revenues.

       Postscript: Four years later Federal revenues had expanded 22% to over 734,000,000,000 “dollars,” Federal spending had expanded 40% to over 946,000,000,000 “dollars,” and the national debt—without accounting gimmicks—had nearly doubled to 1,800,000,000,000  “dollars.”

       [restored 11/26/2022]

       Republican President Reagan signs the African Development Bank Act, committing the United states government to guarantee Wall Street loans for international development in the Africa.

       [restored 11/26/2022]