Title: Both presidents Kennedy and Reagan proposed significant cuts in income taxes. Opponents of these tax ... Post by: LilyGal on Oct 10, 2019 Both presidents Kennedy and Reagan proposed significant cuts in income taxes. Opponents of these tax cut proposals argued that ▸ the tax cuts would benefit high-income taxpayers. ▸ cutting state sales taxes, rather than federal income taxes, would result in greater economic efficiency. ▸ it would be better to cut taxes on corporate profits. ▸ while the tax cuts would result in greater economic efficiency, there was too much opposition to the tax cuts in Congress. As it turned out, Congress ultimately approved both tax cut proposals. Title: Both presidents Kennedy and Reagan proposed significant cuts in income taxes. Opponents of these tax ... Post by: Jennyyy on Oct 10, 2019 Content hidden
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