Which of the following statements about President Reagan's 1981 tax cut is TRUE?

Which of the following statements about President Reagan's 1981 tax cut is TRUE?











A) It reduced the federal government's tax expenditures.
B) It provided new tax incentives for personal saving and investment.
C) It spread the tax burden more fairly among taxpayers.
D) It led to a major reduction in the federal deficits.
E) It helped curb inflation.









Answer: B


AP Government

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