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Tax cuts for businesses would lead to investment and cause economic growth.
Wiki User
∙ 11y ago
Reagan's logic behind his tax reform was to lower tax rates, simplify the tax code, and stimulate economic growth by incentivizing investment and entrepreneurship. He believed in supply-side economics, which posited that reducing tax burdens on individuals and businesses would lead to increased investment, job creation, and overall economic prosperity.
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Describes Reagan's logic behind his tax reform?
Tax cuts for businesses would lead to investment and cause economic growth.
What was Reagan's logic behind his tax reform?
Tax cuts for businesses would lead to investment and cause economic growth.
What was Reagan's logic behind tax reform?
Tax cuts for businesses would lead to investment and cause economic growth.
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