A program of across the board tax cuts in order to produce growth in an economy. It worked very well in the 1980s. GNP and real incomes rose in the 1980s. It was theorized by economist, Arthur Laffer, that government revenue would grow if taxes were cut on the across the board including the wealthy. Revenue rose sharply in the 1980s. However, spending rose faster.
Often, misrepresented as stealing from the poor and giving the rich. If you cut taxes, it is only right to lower taxes on the wealthy who pay taxes.
Often, misrepresented as stealing from the poor and giving the rich. If you cut taxes, it is only right to lower taxes on the wealthy who pay taxes.
by Drew Rawlings December 19, 2003
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Get the reagans fetish mug.A cool guy who is often misunderstood by people because of his dirty minded sense of humor along with inside jokes.A person who is trustworthy, and sometimes gossips about his friends but sooner or later lets them know about their flaws in their face.The major downfall in his life is his addiction to looking at girls,who during his teenage years is severely judged by his looks and appearance,until one day,he is a well known by all his peers and superiors in his community for his savage outbreak,where he gets everything that he wants...
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Hey Nattie, have you noticed how suddenly Reagan has become more popular and attractive?
Hey Nattie, have you noticed how suddenly Reagan has become more popular and attractive?
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Get the Reagan mug.reagan sexton is normally the hottest girl in the school, she’s sweet and smart! she is abnormally loud and ready to kick someone’s ass. she’s alwsys there for her friends and always triggered. so watch out kiddos 😂😍
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