John E. ("Buck") Chapoton.

An interview with Buck Chapoton, assistant secretary of the Treasury for Tax Policy under U.S. President Ronal Reagan is presented. Chapoton described the tax policy environment when the Reagan administration started working on tax reform and identified major tax cuts as the principal ingredient of the first economic package on 1981. He discusses Tax Equity and Fiscal Responsibility Act of 1982, Deficit Reduction Act (DEFRA) of 1984 and the fundamental tax reform in 1986.