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The bill reduced overall federal taxes from 70 to 50 percent with the bottom bracket reduced to 11 percent from 14 percent.
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Sandra O' Connor was appointed by Ronald Reagan and became the first female Supreme Court Justice.
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Ronald Reagan is the 40th President of the United States.
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A mentally unstable man named John Hinkley attempted to assassinate Ronald Reagan.
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The US Marines were sent to the island of Grenada to overthrow the communist government that had recently overthrown the previous government. The marines won in less than a week.
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Ronald Reagan announced that there were plans for a Strategic Defense Initiative space system that would shoot down incoming Soviet missiles. Critics made fun of it and called it a "Star Wars" fantasy.
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241 US Marines were killed by a suicide bomber when they were serving as a peacekeeping force in Lebanon. In 1984, Reagan withdrew the Marines from Lebanon to prevent another Vietnam from happening.
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Jesse Jackson was the first African American to run to become President of the United States. He achieved a good amount of success in 1988 where he won nine state primaries and finished second with 29 percent of the vote.
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The act simplified the tax code, removed numerous loopholes, and reduced federal tax rates.
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Ronald Reagan passed this act. Policy makers hoped to deal with the millions of undocumented immigrants in the United States and prevent future undocumented immigration. The act succeeded in granting about three million immigrants with legal status.
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The United States stock market plunged 800 points and investors lost over five hundred billion dollars.
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George H.W. Bush is the 41st President of the United States
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The United States intervened when Iraq invaded Kuwait. New technologies enabled the United States to win the Gulf Wars swiftly.
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Mikhail Gorbachev resigned from his office and declared that the Soviet Union no longer existed.
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Bill Clinton is the 42nd President of the United States
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Islamic terrorists hijacked several planes and crashed them into the Pentagon and the World Trade Center in New York City. These events dramatically changed the US and US security policies for the 21st Century.