Did Ronald Reagan use the Austrian economics or Keynesian economics?
Ronald Reagan used a form of Austrian economics, known as supply-side economics, to secure his 1981-1989 presidency. He promised an across the board reduction in income tax rates and an even larger reduction in capital gains tax rates. ChaCha on!
Answered by Ronald C. -
About Income Tax
The Income Tax is a tax imposed by the Federal, most states and local governments. The income tax is determined by applying a tax rate to an income bracket. In 2011, taxes are due on April 15th.
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