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The Reagan Tax Cuts And Foreign Policy Beginning of Paper During the 1980's President Ronald Reagan's (our 40th president from 1981 to 1989) domestic policy of a substantial tax cut led to greatly increased economic prosperity for our country. During Reagan's administration marked changes were made to the tax code and economic statistics .... Middle of Paper .... and economic efficiency. This policy would impose a 25% across-the-board cut in personal marginal tax rates. In the act of decreasing marginal tax rates, and stimulating economic incentives, ERTA would increase the flow of resources into production, thus lifting economic growth. This policy received much criticism because its opponents argued that ERTA would be a giveaway to the rich, because their tax payments would collapse. Reagan worked hard and skillfully with the congress to obtain legislation to stimulate economic growth and curb i .... 1354 words | 5 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95