What was the result of Reagan's supply-side economic policy?

2 answers:

8 0

The fiscal policies of Republican Ronald Reagan were largely based on supply side economic. Reagan made supply side economics a household phrase and promised an across the board reduction in income tax rates and an even larger reduction in capital gains tax rates

saw5 [17]3 years ago

6 0

Answer:

Some hold this was borne out during the 1980s when advocates of supply-side economics claim tax cuts ultimately led to an overall increase in government revenue due to stronger economic growth. ... Total tax revenue from income tax receipts increased during Reagan's two terms, with the exception of 1982–1983.

Explanation:

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