Reaganomics, RIP

Lind, Michael
November 1995
New Republic;11/13/95, Vol. 213 Issue 20, p6
Opposes the Republican-sponsored tax package which would cut taxes for the rich and balance the budget by curbing entitlements and raising taxes on the middle class and the poor in the U.S. Criticism of supply-side economist Jude Wanniski against U.S. Office of Management and Budget director David Stockman for his plan to cut taxes and balance the budget; Effect of the decreased Earned Income Tax Credit (EITC) on low-income workers; Argument supporting reform of the EITC; Claim that the Republican opposition to big government has exempted the annual tax expenditure from claims of recipients of corporate welfare.


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