Question

Ronald Reagan believed that reducing income tax rates would A. raise economic well-being and perhaps even tax revenue. B. lower economic well-being, even though tax revenue could possibly increase. C. do little, if anything, to encourage hard work. D. result in large increases in deadweight losses

Answer 1

A. raise economic well-being and perhaps even tax revenue.

Step-by-step explanation:

Ronald Reagan believed that reducing income tax rates would raise economic well-being and perhaps even tax revenue.