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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jamie153 who wrote (1446946)	3/16/2024 11:15:15 AM
From: longz	Respond to of 1572635

Ronald Reagan: Reagan signed the Economic Recovery Tax Act of 1981, which included significant tax cuts. However, his administration also faced increasing deficits during his presidency. George W. Bush: Bush implemented several tax cuts during his presidency, including the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003. However, his presidency also saw an increase in deficits, partly due to factors such as increased military spending and the economic effects of the 2008 financial crisis. Donald Trump: Trump signed the Tax Cuts and Jobs Act into law in 2017, which was one of the most significant tax reforms in recent history. This legislation reduced corporate tax rates, lowered individual income tax rates, and made other changes to the tax code. However, the long-term impact on the deficit is still debated among economists.