a 10% cut for 1982, and in 1983 another 10% cut.
             Reagan's call for extensive changes in the federal income tax laws helped bring about passage of the Tax Reform Act of 1986. In 1986 Reagan introduced the Tax Reform act of 1986. The tax reform act of 1986 chopped taxes, and indexed taxes for inflation as well. During Reagan's first term the inflation rate was at -5.7%, unemployment was at1.4%, interest rates were at -.7, and the gross national product was 7%.
             Reagan signed the tax reform bill entitled the Tax Reform act of 1986. This act simplified and reduced taxes, but the democrats wanted to claim equal credit for the bill as well. A stock market crash in 1987 raised question
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