Former President George H.W. Bush once thought supply-side economics was so ludicrous he deemed it “voodoo economics.” But that was before Ronald Reagan transformed the Republican Party into a trickle-down, tax-cutting cult.

To follow in Reagan’s footsteps, Bush promised conservatives that he would never raise taxes — but then did something nobody expected. That decision would seal his fate, with the anti-tax movement making sure no Republican ever dared cross them again — and that included Bush’s son.

This is Part 3 of Tax Revolt, a new miniseries from Lever Time revealing how free-market radicals hijacked American politics and set the stage for Elon Musk, DOGE, and Donald Trump’s presidency.

Want more? Become a paid subscriber to get ad-free episodes and exclusive bonus content, like an exclusive interview we conducted with the godfather of trickle-down economics. By doing so, you’ll be supporting independent journalism: levernews.com/subscribe

How a small group of economists shaped Reagan’s tax policy and the future of the Republican party.

This is Part 2 of Tax Revolt, a new miniseries from Lever Time revealing how free-market radicals hijacked American politics and set the stage for Elon Musk, DOGE, and Donald Trump’s presidency.

Want more? Become a paid subscriber to get ad-free episodes and exclusive bonus content, like an exclusive interview we conducted with the godfather of trickle-down economics. By doing so, you’ll be supporting independent journalism: levernews.com/subscribe

In the 1970s, an eccentric anti-tax crusader launched a radical campaign to dismantle California’s tax system — a movement that still defines American politics today.

This is Part 1 of Tax Revolt, a new mini-series from Lever Time revealing how free-market radicals hijacked American politics and set the stage for Elon Musk, DOGE and Donald Trump’s presidency.

Want more? Become a paid subscriber to get ad-free episodes and exclusive bonus content — and support independent journalism: levernews.com/subscribe

Plus, read a bonus companion article about the anti-tax zealot behind Proposition 13, written by producer Ariella Markowitz.