1981 Economic Recovery Tax Act
GPTKB entity
Statements (73)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:tax_policy
|
| gptkbp:amended_by |
capital gains tax
|
| gptkbp:effective_date |
1981-10-01
|
| gptkbp:enacted_by |
gptkb:United_States_Congress
|
| https://www.w3.org/2000/01/rdf-schema#label |
1981 Economic Recovery Tax Act
|
| gptkbp:included |
tax credits for businesses
provisions for estate tax accelerated depreciation provisions |
| gptkbp:increased |
deficit spending
business investment incentives |
| gptkbp:influenced |
economic policy debates
future tax policies |
| gptkbp:introduced |
supply-side economics
|
| gptkbp:is_affected_by |
middle-class taxpayers
|
| gptkbp:is_aimed_at |
stimulating economic growth
|
| gptkbp:is_analyzed_in |
economists
academic studies |
| gptkbp:is_challenged_by |
tax reform advocates
|
| gptkbp:is_cited_in |
gptkb:political_debates
|
| gptkbp:is_criticized_for |
favoring the wealthy
its long-term effects its impact on social programs its impact on income inequality increasing income disparity its effect on federal revenue its impact on the deficit |
| gptkbp:is_debated_in |
gptkb:House_of_Representatives
gptkb:United_States_Congress gptkb:Senate |
| gptkbp:is_discussed_in |
political campaigns
economic forums economic policy circles |
| gptkbp:is_evaluated_by |
gptkb:Congressional_Budget_Office
fiscal analysts tax policy experts |
| gptkbp:is_implemented_in |
gptkb:Internal_Revenue_Service
|
| gptkbp:is_linked_to |
increased consumer spending
economic recovery in the 1980s increased investment in capital goods the economic boom of the 1980s |
| gptkbp:is_opposed_by |
gptkb:labor_unions
gptkb:Democratic_Party progressive groups liberal economists deficit hawks |
| gptkbp:is_promoted_by |
business lobbyists
a means to boost the economy a way to create jobs |
| gptkbp:is_supported_by |
gptkb:Republican_Party
|
| gptkbp:led_to |
gptkb:Tax_Reform_Act_of_1986
|
| gptkbp:passes_through |
gptkb:1981
|
| gptkbp:provided |
tax relief
|
| gptkbp:reduces |
individual income tax rates
|
| gptkbp:repealed_by |
gptkb:Omnibus_Budget_Reconciliation_Act_of_1993
|
| gptkbp:resulted_in |
budget deficits
|
| gptkbp:signed_by |
gptkb:Sir_Ronald_Reagan
August 13, 1981 |
| gptkbp:updates |
tax brackets
|
| gptkbp:was_followed_by |
further tax legislation
|
| gptkbp:was_influenced_by |
previous tax cuts
|
| gptkbp:was_part_of |
gptkb:Reaganomics
fiscal policy changes the Reagan administration's legacy Reagan administration's economic agenda Reagan's economic policies Reagan's fiscal strategy Reagan's tax policy reforms |
| gptkbp:was_supported_by |
gptkb:business
conservative politicians conservative think tanks tax cut advocates |
| gptkbp:bfsParent |
gptkb:Reagan's_economic_agenda
|
| gptkbp:bfsLayer |
7
|