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Reagan's Tax Policy ("Reaganomics") Argued That

Question 22

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Reagan's tax policy ("Reaganomics") argued that


A) the federal government should create jobs to decrease unemployment and increase wages.
B) tax rates for the wealthy should be significantly increased since they had the largest discretionary income.
C) reduced taxes would increase investments and in turn stimulate production, jobs, and prosperity.
D) increased taxes would reduce the federal deficit, lowering interest rates and cutting inflation.

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