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zk4586
May26-03, 02:10 PM
Can any tell me, or point me to a site, or whatever about how reaganomics divided people up into various tax brackets. Specifically, who was considered wealthy?

BoulderHead
May26-03, 07:39 PM
The most important changes to the personal tax code since the World War II rate increases were made during the Reagan administration in the 1980s. In 1981, the Economic Recovery Tax Act (ERTA) reduced the top rate by almost 30 percent—from 70 to 50 percent—and all other rates by approximately 23 percent over a three-year period.
Taken from; http://www.tcf.org/Publications/Basics/Tax/History.html

You might also try;

http://www.cato.org/dailys/6-06-97.html

http://www.ncpa.org/ba/ba158.html

Shadow
May26-03, 07:46 PM
Sorry if I am wrong but since the topic is Reagan HOMEWORK help shouldnt this be in the HOMEWORK help section?