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Reagan's Shooting Helped Tax Cuts
- Jack Kemp's tax cut bill faced huge resistance until Reagan was shot.
- The assassination attempt created sympathy and eased passage of the Reagan tax cuts.
Lobbyists Packed "Gucci Gulch" Hallway
- Lobbyists heavily influenced the 1980s tax code by packing hallways of tax-writing committees.
- Senator Bob Dole nicknamed the area "Gucci Gulch" for lobbyists' designer-like dealings.
Kemp Challenged Reagan's Tax Hikes
- Reagan raised taxes 11 times despite advocating cuts, frustrating Kemp and allies.
- Kemp led a rebellion warning of a U-turn to traditional tax collection roles.