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Some trimming back of taxes and regulations had already occurred under President Jimmy Carter, but Reagan greatly accelerated these, dropping, for instance, the top marginal income tax rate from 70 percent to 28 percent.
- Simplified Text
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Reagan dropped the top marginal income tax rate from 70 percent to 28 percent
- Confidence Score
- 0.900
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- The author
- Context Type
- News Article
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{ "person": "Ronald Reagan", "tax_rate": "28 percent" } - UUID
- 9fdb4293-dc91-4eb3-bade-67c176be319a
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- ✗ No vector
- Created
- September 12, 2025 at 1:30 AM (2 days ago)
- Last Updated
- September 12, 2025 at 1:30 AM (2 days ago)
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2 days ago
https://newrepublic.com/article/196176/trump-billionaires-america-wealth-inequality
This analysis examines the shift in American wealth inequality from the Great Compression to the Great Divergence, highlighting the role of policy changes and corporate influence.
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