Tax Reform Act

GPTKB entity

Properties (66)
Predicate Object
gptkbp:instanceOf legislation
gptkbp:amends Taxpayer Relief Act
gptkbp:economicImpact increased federal revenue
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:goal simplification of the tax code
broadening the tax base
reducing tax rates
https://www.w3.org/2000/01/rdf-schema#label Tax Reform Act
gptkbp:impact corporate tax rates
individual income tax rates
gptkbp:introduced gptkb:House_of_Representatives
Senate
gptkbp:mandates elimination of certain tax shelters
increased standard deduction
increased child tax credit
changes to the taxation of dividends
changes to the taxation of partnerships
changes to the taxation of trusts
tax incentives for education
tax incentives for retirement savings
tax incentives for small businesses
changes to the taxation of income from investments in swaps
changes to the taxation of income from investments in real estate
changes to the taxation of income from investments in ETFs
changes to the taxation of income from investments in real estate investment trusts (REITs)
changes to the taxation of income from business activities
changes to the taxation of income from investments in commodities
changes to the taxation of income from investments in currencies
capital gains tax reduction
changes to depreciation rules
changes to estate tax
changes to the earned income tax credit
changes to the taxation of LLCs
changes to the taxation of S corporations
changes to the taxation of capital gains
changes to the taxation of corporations
changes to the taxation of estates
changes to the taxation of foreign entities
changes to the taxation of foreign income
changes to the taxation of gifts
changes to the taxation of income from capital
changes to the taxation of income from investments
changes to the taxation of income from labor
changes to the taxation of income from property
changes to the taxation of income from sales
changes to the taxation of income from services
changes to the taxation of interest income
changes to the taxation of non-profits
changes to the taxation of retirement accounts
elimination of the marriage penalty
introduction of the alternative minimum tax
introduction of the health savings account
modification of tax credits
changes to the taxation of income from investments in mutual funds
tax incentives for home ownership
changes to the taxation of income from investments in hedge funds
changes to the taxation of income from investments in options
changes to the taxation of income from investments in structured products
changes to the taxation of income from investments in stocks
changes to the taxation of income from investments in futures
changes to the taxation of income from investments in private equity
changes to the taxation of income from investments in venture capital
changes to the taxation of income from investments in derivatives
changes to the taxation of income from investments in bonds
gptkbp:signature gptkb:President_of_the_United_States
gptkbp:yearEstablished 1986