The American economy reached a watershed 30 years ago when Ronald Reagan came into office. While Europe decided to boost its tax-to-gross domestic product ratio in the 1970s and 1980s to fund an expanded range of education, training, labour market and family support programmes, the US did not. Reagan insisted that less, not more, government was the key to prosperity and growth, and put emphasis on lowering tax rates on top incomes. Federal revenues in the fiscal year 2011 amounted to 15 per cent of GDP, less than the 19 per cent of GDP of 1980.
30年前罗纳德•里根(Ronald Reagan)就任美国总统时，美国manbetx20客户端下载 达到了一座分水岭。上世纪70年代和80年代，欧洲决定提高税收与国内生产总值(GDP)的比率，以承担更大范围的教育、培训、劳动力市场和家庭补助计划，但美国没有这么做。里根坚称，更小而非更大的政府才是繁荣与增长的关键，并重点降低最高收入阶层的所得税率。2011财年，美国联邦财政收入达到GDP的15%，低于1980年的19%。