And then actually if you reduce the marginal rates where you were creating better incentives, that you could get more revenue. And You actually had big revenue boom in the 80s, you know, after President Reagan's, you know, tax cuts. But that what you're seeing there, I mean, the results speak for themselves in terms of the policies. All those states have done similar policies, right? (33:34–33:41)
CLAIM
Asserts that there was a significant increase in revenue following President Reagan's tax cuts in the 1980s.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
