The Reagan Tax Cuts And Foreign Policy
During the 1980's President Ronald Reagan's (our 40th president from
1981 to 1989) domestic policy of a substantial tax cut led to greatly increased
economic prosperity for our country. During Reagan's administration marked
changes were made to the tax code and economic statistics showed a major change
for the better. However, at the same time, the Democrats controlled the Congress
and continued increased spending against Reagan's wishes. The Joint Economic
Committee stated that an across-the-board tax cut was not new. In the 20's the
Mellon tax cuts were implemented by Secretary of Treasury Andrew Mellon during
the Administ ....
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