Thread: Reaganomics
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Old August 17th, 2012, 12:16 AM   #42 (permalink)
saptech
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Quote:
Originally Posted by TJGoSurf View Post
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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?
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Last edited by saptech; August 17th, 2012 at 12:20 AM.
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