Starving the Beast: Ronald Reagan and the Tax Cut Revolution




      Starving the Beast: Ronald Reagan and the Tax Cut Revolution
Since the Reagan Revolution of the early 1980s, Republicans have consistently championed tax cuts for individuals and businesses, regardless of whether the economy is booming or in recession or whether the federal budget is in surplus or deficit In Starving the Beast, sociologist Monica Prasad uncovers the origins of the GOP s relentless focus on tax cuts and shows how this is a uniquely American phenomenon Drawing on never before seen archival documents, Prasad traces the history of the 1981 tax cut the famous supply side tax cut, which became the cornerstone for the next several decades of Republican domestic economic policy She demonstrates that the main impetus behind this tax cut was not business group pressure, racial animus, or a belief that tax cuts would pay for themselves Rather, the tax cut emerged because in America unlike in the rest of the advanced industrial world progressive policies are not embedded within a larger political economy that is favorable to business Since the end of World War II, many European nations have combined strong social protections with policies to stimulate economic growth such as lower taxes on capital and less regulation on businesses than in the United State Meanwhile, the United States emerged from World War II with high taxes on capital and some of the strongest regulations on business in the advanced industrial world This adversarial political economy could not survive the economic crisis of the 1970s Starving the Beast suggests that taking inspiration from the European model of progressive policies embedded in market promoting political economy could serve to build an American economy that works better for all. New Download [ Starving the Beast: Ronald Reagan and the Tax Cut Revolution ] by [ Monica Prasad ] For Kindle ePUB or eBook – bluevapours.co.uk

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      Starving the Beast: Ronald Reagan and the Tax Cut Revolution
 E-Pub Author Monica Prasad ☆ planetary science – bluevapours.co.uk
  • Paperback
  • 256 pages
  • Starving the Beast: Ronald Reagan and the Tax Cut Revolution
  • Monica Prasad
  • 02 January 2017
  • 0871546922

10 thoughts on “ Starving the Beast: Ronald Reagan and the Tax Cut Revolution

  1. Richard says:

    This book has several aims and succeeds at most of them.First, Prasad talks about the history that led to Ronald Reagan, Jack Kemp, and other Republicans becoming focused on tax cuts, and how that focus became popular or was made to be popular with voters, finally becoming a driving issue of the Republican Party This section is very well done and strongly supported with evidence It was very interesting to read about how the party that once prided itself on balanced budgets became one that cu This book has several aims and succeeds at most of them.First, Prasad talks about the history that led to Ronald Reagan, Jack Kemp, and other ...

  2. Craig Becker says:

    Interesting perspective on the history of politics, taxes and welfare Especially interesting and valuable was her discussion on how Europe created welfare policies, unlike the US, that were economically beneficial to all and also resulted in lower poverty rates I also appreciated how these policies had an impact on creating cooperative rather than the adversarial efforts For example, because of these policies, there was no need for adversarial legal cases to get benefits for medical costs and Interesting perspective on the history of politics, taxes and welfare Especially interesting and valuable was her discussion on how Europe created welfare policies, unlike the US...

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