On the recordFebruary 5, 2018
when Ronald Reagan cut taxes for millionaires and billionaires in the 1980s, it did not lead to significant economic growth. It exploded the deficit.
Source
congress.govEditor's note · Context
Critiques Reagan's tax cuts for failing to stimulate growth and increasing the deficit.
Share & report
More from Hakeem Jeffries
Apr 6, 2025
Trump and House Republicans are crashing the economy, raising your cost of living, and driving us toward a recession.
Apr 9, 2025
Republicans are playing games with the budget numbers to conceal from public view drastic cuts to Medicaid, Medicare and other popular programs that are needed to pay for tax cuts that primarily benefit wealthy billionaires like Elon Musk.
Mar 13, 2025
We strongly oppose any efforts to cut the healthcare of the American people, veterans benefits and nutritional assistance, all of which are in the partisan Republican bill.
Other voices in this conversation
