Website posts salaries of Pennsylvania teachers donna fisher / the morning call Pa. has released the salaries of all public school teachers working in the state.  (donna fisher / the morning call)
Definition: Tax cuts are changes that reduce the amount paid under the law to government revenue. The taxes cut are on income, profits, sales, or assets. Tax cuts occur in many different forms. They are a one-time rebate, a reduction in the overall rate, or a tax credit.
1. Tax cuts to restore incentives for economic growth, involving first a reduction in the top income tax rate of 70% down to 50%, which probably produced a net increase in revenue by itself, and then a 25% across the board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%; 2. Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $150 billion in spending cuts for the year today.