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jun 16, 1982 - Major tax cuts instituted

Description:

Once Reagan came into office, he instituted major tax cuts. This would leave Americans with more money in their pocket and less taxes taken away from. He believed that if the taxes were cut on the rich, they would invest in the economy creating more jobs for other people.

Added to timeline:

Date:

jun 16, 1982
Now
~ 43 years ago