Trump Re-Election Odds Explode After First-Year Tax Cuts
Reagan enjoyed re-election landslide after freshman-year tax reform
Kit Daniels
Prison Planet.com
Dec. 21, 2017
After passing major tax cuts in 1981, President Ronald Reagan won re-election in a massive landslide, which hints at President Trump’s future.
During his freshman year in office, President Reagan signed the Economic Recovery Tax Act of 1981 meant to encourage “economic growth through reductions in individual income tax rates.”
Doesn’t that sound familiar? It should because that was President Trump’s primary objective behind his recently-passed tax reform bill.
“Talk is cheap, of course—the proof will come when Americans begin seeing more money in their paychecks as early as February,” the White House stated on Thursday. “In addition to tax relief for working families, this bill is about restoring America’s economic dominance. While excessive business taxes are unseen by many, everyone feels the effects through higher prices and lower wages.”
“By flattening the tax rate for American companies across the board, all businesses—not just the well-connected ones that pay for teams of lawyers and accountants—will be able to invest once more in our country’s future.”
Now, looking back at history, President Reagan won the ’84 re-election by taking 49 of 50 states in a lopsided landslide aided by tax reform:
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