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By 1986, five years after the Reagan tax cuts of 1981, US income tax revenues were higher than they were in 1980. Which of the
By 1986, five years after the Reagan tax cuts of 1981, US income tax revenues were higher than they were in 1980. Which of the following is a reason why this happened? O Each of the other answers here is a reason for the increase in tax revenues, O Inflation after 1980 automatically increased tax revenues. O After 1981, additional tax reforms closed some tax loopholes for businesses. O The labor force and employment were larger in 1986 than they were in 1980, so more people were paying taxes
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