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During the time of Ronald Reagan’s presidency was almost like a time of a roller coaster; a lot of up and downs. While admired by most some deeply despised Reagan, so much that there was an attempt of assassinating the 40th president. Many would agree that he benefited the United States significantly by the actions he put in to place. It is still widely practiced today it shows how beneficiary Reagan was to the country. Now was President Reagan a good or bad president? By looking at Reagan’s Economic Policies, Supply-side economics, and the attempted assassination of Reagan will determine to be called a good president. The policies that Reagan implemented in to our government had so many significant changes to the tax system of the United States. On January 28, 1981 President Reagan had lifted the remaining domestic petroleum price and allocation controls. Not only that but Reagan also lowered the oil windfall profits tax in 1988 which proved to be significant in prices. Then he followed with ending the oil windfall profits tax in 1988 proving to be a persistent president with taxes. Early in President Reagan’s presidency he followed his 1981 tax cuts with the tax reform act of 1986. What President Reagan was looking for through that act was to eliminate deductions, lower marginal rates for the wealthy, and significantly raise taxes on people earning less than $50,000. Through the tax reform act democrats Bill Bradley and Dick Gephardt offered a proposal. It was supposed to be the bipartisan 1986 act aimed to be revenue-neutral; while reducing the top marginal rate. Ronald Reagan’s goal of the tax changes over his course of presidency was a change in composition of tax revenue. It was aimed towards payroll and new investment and away from higher earners, also capital gains on existing investments. The federal revenue share of GDP fell from 19.6% in fiscal 1981

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