Earlier quoted context omitted.
High taxes always drive capital away into unproductive tax havens. Reagan's achievement was to eliminate tax shelters in exchange for lower tax rates. This pulled the investment out of those unproductive shelters into productive activities, leading to the prosperity of the 80s.
Prosperity of the 80s? You mean the era that signalled the end of the post-war golden age of capitalism and brought about hyper-financialisation (which led us to the 2008 catastrophe from which we still haven't recovered) and the decline of tax progressiveness and public services (which supercharged wealth inequality back to gilded age levels)? Many of our current problems can be traced back to changes which occurred…
I'm amused you're blaming 2008 on Reagan.