Ronald Reagan believed that reducing income tax rates would A. raise economic well-being and perhaps even tax revenue. B. lower economic well-being, even though tax revenue could possibly increase. C. do little, if anything, to encourage hard work. D. result in large increases in deadweight losses

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Sabrina Bradshaw

Business

23 September, 06:40

Ronald Reagan believed that reducing income tax rates would A. raise economic well-being and perhaps even tax revenue. B. lower economic well-being, even though tax revenue could possibly increase. C. do little, if anything, to encourage hard work. D. result in large increases in deadweight losses

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Selena Hayes · Answer 1

A. raise economic well-being and perhaps even tax revenue.

Explanation:

Ronald Reagan believed that reducing income tax rates would raise economic well-being and perhaps even tax revenue.