3 years ago

What was one troublesome result of Reagan's tax cuts?

1 answer:

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The correct answer is C. citizens kept and spent more of their own money.
"Reagon and his advisors based there economic policies on the theory of 'supply-side economics'. This theory is based on the idea that if taxes are reduced people will work more and have more money to spend. This spending will stimulate the economy and expanding economic activate would generate more tax revenue for the goverment." -pennfoster highschool

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