On the recordMarch 31, 2014
the argument over taxes and economic growth is complex, but in 1981, the Reagan plan took the marginal tax rate from 70 percent to 50 percent, and I think that was a positive step for the economy.
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congress.govthe argument over taxes and economic growth is complex, but in 1981, the Reagan plan took the marginal tax rate from 70 percent to 50 percent, and I think that was a positive step for the economy.
Sessions discusses the impact of tax rate changes on economic growth.
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