What were the domestic goals of the Reagan administration quizlet?
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What were the key elements of Reagan's domestic policy quizlet?Lowered tax rates, changing the highest rate on personal income from 50% to 28% and corporate taxes from 46% to 34%. Removed many tax shelters and tax credits. Attempted to deal with problem of illegal immigration. Escalated penalties on employers hiring undocumented workers.
What were the three goals of Reaganomics?Milton Friedman stated, "Reaganomics had four simple principles: Lower marginal tax rates, less regulation, restrained government spending, noninflationary monetary policy. Though Reagan did not achieve all of his goals, he made good progress."
What were Reagan's domestic priorities and how did their implementation impact the economy and the federal government quizlet?What were Reagan's domestic priorities and how did their implementation impact the economy and federal government? Reagan's three main priorities were to Increase military spending, cut domestic spending and social programs, and cut the federal income tax.
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