appreciating the Reagan tax cuts
Grand Old Partisan celebrates more than seventeen decades of Republican heroes and heroics. Today, I appreciate Republican success in promoting economic growth. Representative Jack Kemp and Senator William Roth wrote the Economic Recovery Tax Act, and President Ronald Reagan convinced Congress to pass it.
Federal taxes were reduced by a total of 25% – 5% in 1981 and 10% in 1982. July 1st 1983, the third round of tax cuts went into effect. The economy boomed. The share paid by the top 10% of earners rose from 48% to 57% while taxes paid by the bottom 50% fell from 8% to 6%.
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 TikTok Video about this article.
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."
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"one of the best books I ever read"
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