Question

Which of the following was an argument for Reagan's tax policy ("Reaganomics")?
A) The federal government should create jobs to decrease unemployment and increase wages.
B) Tax rates for the wealthy should be significantly increased because they have the largest discretionary income.
C) Reduced taxes would increase investments and in turn stimulate production, jobs, and prosperity.
D) Increased taxes would reduce the federal deficit, lowering interest rates and cutting inflation.

Answer

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