Top Pro & Con Arguments

Pro

Taxes:

Through massive tax cuts, Reagan helped restore an economy that had both high inflation and unemployment left over from the 1970s. As he brought taxation down from 70% to 28%, Reagan proved that reducing excessive tax rates stimulates growth, increases economic activity, and boosts tax revenues. Government revenues from income tax rose from $244 billion in 1980 to $446 billion in 1989. [25]

Read More