The Reagan era

Question 1

The unemployment rate plummeted from just under _% in _, to below _% at the end of the 1980’s.

Answer 1

10 - 198,

6

Question 2

the median income for middle class americans increased by _% between _ and _. income for the lowest earning 20% rose nearly _%.

Answer 2

10 - 1982 - 1988

13

Question 3

The affluent paid more in federal taxes than ever before. Even though the top marginal rate declined from _% to _%, the proportion of taxes collected from the top 1% of income earners went from _% of all revenues in _, to _% in 1988.

Answer 3

70 - 28,

18 - 1981 - 28

Question 4

the top 5% of earners bore _% of the tax burden in _.

Answer 4

35 - 1981

Question 5

the lower rates brought increased economic activity and more revenue in part, by _

Answer 5

reducing the desire elaborate tax avoidant strategies.

Question 6

the well off not only paid more in taxes but also gave more in charity. the Reagan era saw the greatest out-poring of privet generosity in history. americans who contributed gave more than _ annually by the end of the decade. A real increase of_%

Answer 6

100 billion,
54,
(the increase in charitable contributions was greater than in any previous time of the post war era.

Question 8

in 1988, Reagan’s last year in office, they payed _%.

Answer 8

46

Question 8

the lower rates brought increased economic activity and more revenue in part, by _

Answer 8

reducing the desire elaborate tax avoidant strategies.

Question 9

the well off not only paid more in taxes but also gave more in charity. the Reagan era saw the greatest out-poring of privet generosity in history. americans who contributed gave more than _ annually by the end of the decade. A real increase of_%

Answer 9

100 billion,

54,