Do tax cuts stimulate the economy?
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Jonathan Smith |
TED-Ed
• May 2022
In 1981, the US economy was struggling: unemployment rates were climbing and inflation had peaked at an all-time high. To combat these issues, President Reagan introduced a number of economic policies, including tax cuts for large corporations and high-income earners. But did these policies actually stimulate economic growth or improve circumstances for Americans? Jonathan Smith investigates. [Directed by Gavin Edwards, Movult, narrated by Addison Anderson].