The facts
Signed into law in 1981, the Economic Recovery Tax Act cut the top marginal income tax rate from 70% to 50%; the 1986 Tax Reform Act lowered it further to 28%.
Inflation fell from 13.5% in 1980 to 4.1% by 1988. GDP grew at an average annual rate of about 3.5% across the Reagan years.
The federal debt nearly tripled in nominal terms during Reagan's two terms, from roughly $900 billion to $2.6 trillion.
Supporters argue lower marginal rates unleashed private investment and ended stagflation. Critics argue most of the gain accrued to top earners and that the deficits crowded out future spending.
Economists still debate how much of the 1980s recovery came from tax policy versus Federal Reserve monetary tightening under Paul Volcker.
Understand the issue
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How the Electoral College works
The Electoral College is how Americans actually choose the President — not directly by popular vote, but through state-by-state electoral votes that total 538.
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Did Reaganomics deliver on its promises?
Live
Live results — — voters
Anonymous · one vote per person
You vs America
You matched the majority.
Your vote lines up with the current national reaction: most voters say the court was right.
Your vote
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VS
America
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How states are voting
Demo dataOnce geographic aggregates ship, this section shows your state and the most dramatic agreement/disagreement around the country.
Virginia
55% Yes
Your state
Florida
51% No
leans opposite
Pennsylvania
53% Yes
close split
Michigan
57% Yes
strongest shift
Texas
54% No
disagrees
Georgia
50% Yes
nearly tied
Northeast58% Yes
South47% Yes
Midwest54% Yes
West61% Yes
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Live shifts
Demo data Updating live
YES gained 4% nationally in the last hour as new votes surged from the Northeast.
Florida flipped toward NO after trending narrowly YES earlier this afternoon.
1,248 new votes were submitted in the last 10 minutes.
Full results — — votes
Your vote lines up with the current national reaction: most voters say the court was right.