Weighing in on effects of Reagan tax cuts
September 5th, 2010
During campaign season, Edinaldo Tebaldi, assistant professor of economics, says, candidates may proclaim that cutting taxes will spark economic growth, but "it's not that simple. "The facts would not support that claim," he tells the Providence Journal. "Lower taxes are a good thing, but you need a good environment for business."
His remarks were made in a PolitiFact Rhode Island article on the accuracy of a candidate's assertion that President Reagan's 1981 tax cuts led to exponential economic growth.
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