I don't know if the Mourning (sic) Joe gaggle is aware of this,

[JHB]

28. Additional nuance:

In 1978 there were 25 tax brackets ranging from 14 to 70% (33 brackets if filing as head of Household). Adjusted to 2011 dollars, the 14% rate kicked in at just over $11,000, climbing to the 50% bracket at $162,434, and the 70% hitting income above $699,294 (taking these numbers from Married Filing Jointly).

In 1983: there were 13 brackets ranging from 11% to 50%. The 11% started at (adjusted) $7,660, climbing to 50%(the max) at $246,457.

In 1988: there were just two brackets: 15% and 28%. The 15% rate kicked in at $0 (not a typo) for all income up to (adjusted) $56,427. Above that it was 28%.

Reagan's trick was to lower most peoples' taxes a little, but take a chainsaw to the rates at the top. Most people didn't really notice the massive culling of brackets and rates at the top because they didn't have to deal with them (and those that did have to deal with it mostly approved).