Republicans often call themselves “The Party of Reagan” or “The Party of Lincoln,” but let me make the argument that Coolidge was not only a great president, but one that actually cut government.
-National debt lowered from $22.3 billion in 1923 to $16.9 billion in 1929.
-Federal budget reduced from $5.1 billion in 1921 to $3.3 in 1929.
-The combined top marginal normal and surtax rate declined from 73 percent to 58 percent in 1922, and then to 50 percent in 1923 (income over $200,000). In 1924, the top tax rate decreased to 46 percent (income over $500,000). The top rate was only 25 percent (income over $100,000) from 1925 to 1928, and then fell to 24 percent in 1929. By 1927, 98 percent of the population paid no income tax. It is also worth noting that numerous “nuisance” taxes, such as on cars and theatre tickets, were eliminated.
http://www.calvin-coolidge.org/coolidge-administration-accomplishments.html
More prosperity, less government, and he respected our Second Amendment.
Here’s two quotes of this great man:
Perhaps one of the most important accomplishments of my administration has been minding my own business.
Calvin Coolidge
If you see ten troubles coming down the road, you can be sure that nine will run into the ditch before they reach you.
Calvin Coolidge
Coolidge, they don’t make them like that anymore.