During Ronald Reagan's first term in office,income tax rates were reduced significantly.What was the result
A)Income tax collections declined.
B)Income tax revenue increased.
C)The Laffer curve was demonstrated to be essentially correct.
D)The government experienced budget surpluses for four consecutive years.

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The Answer of During Ronald Reagan's first term in office,income tax rates were reduced significantly.What was the result
A)Income tax collections declined.
B)Income tax revenue increased.
C)The Laffer curve was demonstrated to be essentially correct.
D)The government experienced budget surpluses for four consecutive years.

During Ronald Reagan's First Term in Office,income Tax Rates Were