Reagan's Tax Cuts A Boon for the Rich, a Bane for the Economy

At what point did less taxation begin to hurt government revenues? Could one ... According to Lyn Nofziger, Reagan did not like Sears and said: “He never. During the 1980s, President Ronald Reagan and his administration instituted several far-reaching economic policies that had both near- and long-term impacts ... Many Americans credit Reagan with reducing the size of government. In reality, he increased government spending, cut taxes and turned the United ... Reagan's deficit spending did not only affect that period of time, it created a tolerance for deficit spending that will continue to affect the economy for many ... As a domestic policy advisor to Ronald Reagan, Bruce Bartlett was one of the originators of Reaganomics, the supply-side economic theory that conservatives ... By the summer of 1980, most Americans were deeply concerned about the economy and world events. Stagflation had taken its toll on the economy and ... Here's how Reagan's tax cuts in the 1980s favored corporations and the wealthy, setting the stage for 'trickle-down economics' as we know it ... Many things that Ronald Reagan did were very important for this country, but Reaganomics had some major problems. For one thing, it created a ... Critics however call Reaganomics Voodoo economics because it was unclear if ... This all sounded great, but in reality did not truly work for a majority of ... Although his other policies hurt workers and increased inequality, Ronald Reagan was persuaded that an economy where the largest, most ...