In August 1981, President Ronald Reagan signed the Economic Recovery Tax Act in his driveway at the Reagan Ranch. The legislation brought about the largest tax cuts in American history and resulted in an era of tremendous economic prosperity and growth. Newt remembers the 40th anniversary of the three-year tax cut with his personal perspective on this unique time in American history.
Economic Recovery Tax Act (1981)
Additional Reading:
The Second American Revolution: Reaganomics – Reagan Foundation
Ronald Reagan and Supply Side Economics – Bill of Rights Institute
Newt’s Latest Podcasts:
- Newt’s World Episode 877: Holding the Federal Reserve Accountable
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More from Gingrich 360 Network:
- Newt’s World Episode 877: Holding the Federal Reserve Accountable
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- Newt’s World Episode 875: Margaret Roberts on “Blowback”
- Newt’s World Episode 874: Winning the Race – America’s AI Action Plan
- Newt’s World Episode 873: Salena Zito on Butler