Originally Posted by TJGoSurf
Show your work.
The wealthiest individuals in the country went from paying about 70% in taxes to approximately 28% in taxes.
However tax rates for people in lower income taxes rose, suggesting that the little guy and poorer people were not benefiting from Reaganomics. With fewer government programs, fewer resources were available to the poor.
Reaganomics removed safeguards from industries which increased corporate greed.
What Was Reaganomics?