What was a major effect of the tax cuts under Reagan?

Question

asked Mar 1, 2024 188k views

1 Answer

Virtuoz · Answer 1 · 2024-03-06T16:15:20+0000

Unemployment fell from 7.5% in 1981 to 5.4% in 1989 after peaking at 10.8% in 1982. Inflation fell from 11.8% when Reagan entered office to 4.7% when he left. The US Average Real Income grew by 16.8% from 1980 to 1989.

What was a major effect of the tax cuts under Reagan?

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions