Which statement best describes President Ronald Reagan's ideas on taxes and the economy?
A.
Taxes should be used to provide more social welfare programs.
B.
If taxes were cut, more people would invest their money in businesses.
C.
Lower income families should pay taxes at a higher rate.
D.
If taxes were raised, the government could spend more.

Respuesta :

Hey there!

I believe the correct answer is D. If taxes were raised, the government could spend more

Hope this helps you!

God bless ❤️

xXxGolferGirlxXx

Option B. If taxes were cut, more people would invest their money in businesses.

What did Ronald Reagan do for the economy?

Cutting federal income taxes, slicing the U.S. government spending price range, cutting useless packages, cutting down the government work pressure, preserving low hobby prices, and keeping a watchful inflation hedge on the financial supply become Ronald Reagan's formulation for a hit monetary turnaround.

In the 1980 campaign, Reagan had proposed to reduce taxes and home spending however growth in military spending. He claimed he could be capable of lessening the budget deficit with the accelerated revenues that would pour in from a rejuvenated economy.

Learn more about Ronald Reagan here: https://brainly.com/question/14130764

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