1981 Economic Recovery Tax Act
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All Comments (10)
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@lobo4111 You are correct, of course, but the Reagan worshippers commenting on this video are choosing to ignore your comment.
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You misspelled "Massive Debt Accumulation Act" in the title. ;-)
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Can someone tell me what's up with the pen switchings?
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thank you for cutting taxes!!!
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is there any way you can get sound for this clip?
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As Ronald Reagan said to Jimmy Carter, "There you go again." I say unto you: my life doesn't belong to the Federal government.
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God, I miss that man. He was a far cry from the thieves that we have in office today.
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Reagan signing his tax cuts, the big bang that began three decades of the great economic boom.
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Uhh....the 1981 law imposed tax cuts of $1.48 trillion over 10 years. Then in 1982 Reagan imposed tax increases of $1.5 trillion over 10 years. Reagan didn't cut taxes for anyone but the rich...the tax rate for the bottom 20% actually INCREASED. Don't believe me? That's straight from the Heritage Foundation.
lobo4111 1 year ago 3
You mean sky-rocketing deficits from each of his Republican successors, don't you?
WayneInSF 1 year ago 2