Feb 5, 2011 ... Reagan was a serial tax raiser. As governor of California, Reagan “signed into law the largest tax increase in the history of any state up till then.” Meanwhile, state spending nearly doubled. As president, Reagan “raised taxes in seven of his eight years in office,” including four times in just two years.
Sep 5, 2010 ... There's no debate that Reagan dramatically reduced taxes in 1981, his first year in office. That $38-billion cut would equal $90 billion in today's dollars. At the time, it represented 1.91 percent of the gross domestic product, which is the total value of goods and services produced in the United States during a ...
During and following his first governorship, Brown thrice ran as a candidate for the Democratic nomination for President of the United States. As the only son of Edmund G. "Pat" Brown Sr., the 32nd Governor of California (1959–67), Jerry Brown began his political career as a member of the Los Angeles Community College ...
Feb 8, 2011 ... Former Arkansas Republican Gov. Mike Huckabee: "(Ronald Reagan) raised taxes a billion dollars in his first year as governor of California." In the summer of 1967, during Reagan's first year as governor and contrary to his campaign promises, Reagan signed a record tax increase for the state of California ...
Reagan's policies stressed conservative economic values, starting with his implementation of supply-side economic policies, dubbed as "Reaganomics" by both supporters and detractors. His policies also included the largest tax cut in American history as well as increased defense spending as part of his Soviet strategy.
(Ronald Reagan) raised taxes a billion dollars in his first year as governor of California.