The post whore thread.

[HoneyBadger]

Wow, another half page down!

[HoneyBadger]

Do you guys want to learn more about President Coolidge, or do you want to hear about someone else?

[HoneyBadger]

Your cries for more are nearly defening, so here it comes!

[HoneyBadger]

Coolidge's taxation policy was that of his Secretary of the Treasury, Andrew Mellon: taxes should be lower and fewer people should have to pay them.Congress agreed, and the taxes were reduced in Coolidge's term.In addition to these tax cuts, Coolidge proposed reductions in federal expenditures and retiring some of the federal debt. Coolidge's ideas were shared by the Republicans in Congress, and in 1924 Congress passed the Revenue Act of 1924, which reduced income tax rates and eliminated all income taxation for some two million people.They reduced taxes again by passing the Revenue Acts of 1926 and 1928, all the while continuing to keep spending down so as to reduce the overall federal debt. By 1927, only the richest 2% of taxpayers paid any federal income tax. Although federal spending remained flat during Coolidge's administration, allowing one-fourth of the federal debt to be retired, state and local governments saw considerable growth, surpassing the federal budget in 1927.

[HoneyBadger]

In the summer of 1927, Coolidge vacationed in the Black Hills of South Dakota, where he engaged in horseback riding and fly fishing and attended rodeos. He made Custer State Park his "summer White House". While on vacation, Coolidge surprisingly issued his terse statement that he would not seek a second full term as President in 1928: "I do not choose to run for President in 1928." After allowing the reporters to take that in, Coolidge elaborated. "If I take another term, I will be in the White House till 1933 … Ten years in Washington is longer than any other man has had it—too long!" In his memoirs, Coolidge explained his decision not to run: "The Presidential office takes a heavy toll of those who occupy it and those who are dear to them. While we should not refuse to spend and be spent in the service of our country, it is hazardous to attempt what we feel is beyond our strength to accomplish."

[HoneyBadger]

And there is your history lesson for the morning!

[HoneyBadger]

Any questions?

[HoneyBadger]

Woooo, almost time to go home!

[HoneyBadger]

Just an hour left!

[HoneyBadger]

Man, I hate working nights....