To that stop, Thatcher privatized industries and public housing, and Reagan reduce the optimum money gains tax from 28% to 20%, while in his second time period he agreed to raise it back up to 28%. Reagan also minimize person money-tax charges, decreasing the optimum level from 70% to 28%. He improved protection investing, but liberal Democrats blocked his initiatives to slice domestic spending. 1851 to 1922, which are in the public area.