supply side economic policies began to grow in popularity in the ronald reagan administration.
supply side economic policies began to grow in popularity in the ronald reagan administration.
when did supply side economic policies begin to grow in popularity?
the ronald reagan administration
this article discusses the domestic policy of the ronald reagan administration from 1981 to 1989. reagan's policies stressed conservative economic values, starting with his implementation of supply-side economic policies, dubbed as "reaganomics" by both supporters and detractors. his policies also included the largest tax cut in american history as well as increased defense spending as part of his soviet strategy. however, he significantly raised (non-income) taxes four times due to economic conditions and reforms, but the tax reforms instituted during presidency brought top marginal rates to their lowest levels since 1931, such that by 1988, the top us marginal tax rate was 28%.
domestic policy of the ronald reagan administration
trickle-down economics









































trickle-down economics, also called trickle-down theory, refers to the economic proposition that taxes on businesses and the wealthy in society should be reduced as a means to stimulate business investment in the short term and benefit society at large in the long term. in recent history, the term has been used by critics of supply-side economic policies, such as "reaganomics." whereas general supply-side theory favors lowering taxes overall, trickle-down theory more specifically targets taxes on the upper end of the economic spectrum.
trickle-down economics