
How four decades of tax cuts fueled inequality
A dense fog rolling in off the Pacific enveloped President Ronald Reagan’s majestic 688-acre ranch, high in the hills above Santa Barbara, California. Visibility was limited, but a crowd of cameramen, photographers and reporters were gathered on that day in 1981 to record the president signing a major piece of legislation. Wearing jeans, a faded …
Continue reading “How four decades of tax cuts fueled inequality”