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The Reagan Tax Cuts And Foreign Policy
Part 1 of Paper
.... of a substantial tax cut led to greatly increased
economic prosperity for our country. During Reagan's administration marked
changes were made to the tax code and economic statistics showed a major change
for the better. However, at the same time, the Democrats controlled the Congress
and continued increased spending.... Part 2 of Paper
....wth. This policy
received much criticism because its opponents argued that ERTA would be a
giveaway to the rich, because their tax payments would collapse. Reagan worked
hard and skillfully with the congress to obtain legislation to stimulate
economic growth and curb inflation, he embarked upon a course to cut taxes and
curb inflation. President Reagan was able to sign into law a tax cut in late
1981 even though congressional Democrats tried to block his cuts. All tax payers
received these cuts.... |
| Number of words: 1354 - Approximate pages: 5 |
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