Word: top
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Dates: during 1980-1989
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...most moderate guise, supply-side theory says that greasing the palms of the rich and swelling the coffers of corporations induces them to invest that money for productive purposes. More radical supply-siders say that cutting marginal tax rates in the top brackets spurs productivity so much that total tax revenues increase...
Since only a few hard-core ideologues still believe that lowering marginal tax rates produces an actual increase in revenues, Lindsey had to content himself by telling the gathered students that lowering the top marginal rates makes the rich pay a larger share of the nation's total tax bill...
This is true, but misleading. That "larger share" is smaller in actual dollars. Revenues from corporate income taxes and income taxes from the top brackets actually declined in real terms from 1980-1987. This represents a larger proportion only because total revenues fell so dramatically after the fiscally irresponsible...
...only controversial play was when Mourning blocked Bob Scrabis at the top of the key. Scrabis thought he was fouled, but the referees didn't see it that...
Croteau cleanly fielded all six of her chances before being replaced in the top of the sixth inning...