On this day in 1981, Ronald Reagan signed the largest tax cut in U.S. history--the Economic Recovery Tax Act. And it worked!
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Alan Caruba's blog is a daily look at events, personalities, and issues from an independent point of view. Copyright, Alan Caruba, 2015. With attribution, posts may be shared. A permission request is welcome. Email acaruba@aol.com.
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- Alan Caruba
- I am and have been for a long time a writer by profession. I have several books to my credit and my daily column, "Warning Signs", is disseminated on many Internet news and opinion websites, as well as blogs. In addition, I am a longtime book reviewer and have a blog offering a monthly report on new fiction and non-fiction.
3 comments:
RONALD THE GREAT!
I'm sure future historians will call him the advanced scout of the Second American Revolution.
Yes, cut federal taxes and you raise the sea level for all boats - end federal taxation and the streets will be paved with gold.
Indeed, the best central government is the one rules the least.
Ragan was NOT perfect, but he was pretty damned close...
Reagan was the silver lining to Carter. Will Romney be for Obama?
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