the 1986 Tax Reform Act

Grand Old Partisan celebrates the Tax Reform Act of 1986. October 22nd, Ronald Reagan signed "the most sweeping overhaul of our tax code in our nation’s history." He thanked Treasury Secretary James Baker and Chief of Staff Don Regan for championing the legislation; and credited Senate Majority Leader Bob Dole, Representative Jack Kemp and others for securing congressional passage. 

Reagan had insisted on revenue neutrality. The tax code was simplified, the tax base broadened and many loopholes closed. There would be merely three tax brackets instead of fifteen, with top rate declining from 50% to 28%. 

At a ceremony on the South Lawn of the White House, the President said:

"The bill I’m signing today is not only an historic overhaul of our tax code and a sweeping victory for fairness, it’s also the best anti-poverty bill, the best pro-family measure, and the best job-creation program ever to come out of the Congress of the United States." 

Reagan concluded: "I feel like we just played the World Series of tax reform, and the American people won." 

Back to Basics for the Republican Party is my civil rights history of the GOP. To quote the book: "The more we Republicans know about the history of our party, the more Democrats will worry about the future of theirs. For more information, see www.grandoldpartisan.com. 

Here is a YouTube Video about this article.

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Here is my Substack about this article.

Michael Zak is author of Back to Basics for the Republican Party, a history of GOP civil rights achievement.


Each day, his YouTube videos and TikTok videos and Rumble videos and Grand Old Partisan blog celebrate more than seventeen decades of Republican heroes and heroics. And, see Speech Raves for audience feedback from his presentations in thirty-one states.

Clarence Thomas cited Back to Basics for the Republican Party in a Supreme Court decision.

"This is the most amazing book about politics that I have ever read. The Overview should be required reading for anyone with even a minor interest in government. The remainder is an enthralling history lesson that I will never forget. For years, we have all been misled about the true nature of the GOP. This is the real deal! Read it and be proud!"

"Your book is a national treasure. I'm always recommending it."

"Michael Zak wrote the definitive history of the GOP."

"Back to Basics for the Republican Party is the most significant contribution to the Republican Party in the last twenty years apart from Ronald Reagan."

"Back to Basics for the Republican Party is more important to our party now than ever before."

and

"one of the best books I ever read" 

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