What Biden Could Learn From Reagan’s Economic Recovery Tax Act

Taxes

Forty years ago today, President Ronald Reagan signed into law the Economic Recovery Tax Act of 1981, the largest tax cut in American history. 

This segment of What’s Ahead outlines how this historic legislation set in motion a train of events that led to an outcome once considered an utter impossibility: the peaceable collapse of the once mighty Soviet Union.

Articles You May Like

IRS: Missing final 2024 quarterly estimated tax payment could trigger ‘unexpected penalties’
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
As natural disasters intensify, affected student loan borrowers have options
Nordstrom raises sales outlook after holiday season was better than feared
Shares of California utility Edison International drop 10% as wildfires rage

Leave a Reply

Your email address will not be published. Required fields are marked *