Supply-Side Economics
Definition
A school emphasizing incentives, marginal tax rates, and deregulation as drivers of growth. Reagan-era policies popularized it.
Example
The 1981 Reagan tax cuts were inspired by supply-side arguments.
A school emphasizing incentives, marginal tax rates, and deregulation as drivers of growth. Reagan-era policies popularized it.
The 1981 Reagan tax cuts were inspired by supply-side arguments.