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Forty years later, what would Reagan think?

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Forty years later, what would Reagan think?

Forty years ago, on Aug. 13, 1981, President Ronald Reagan signed the Economic Recovery Tax Act, ushering in the longest era of economic prosperity in American history. On a foggy day outside his beloved Rancho del Cielo, Reagan’s tax cuts delivered on his promises of prosperity, limited government, and a much-needed economic turnaround.

To borrow from his well-known phrase, “Are we better off today than we were 40 years ago?”

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Joe Biden Ronald Reagan Taxes