Statements (63)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
legislation
|
| gptkbp:addressed |
tax shelter abuses
|
| gptkbp:amends |
gptkb:Tax_Reform_Act_of_1986
|
| gptkbp:analyzes |
economists
government reports tax policy analysts |
| gptkbp:controversy |
Congressional hearings
|
| gptkbp:createdBy |
new tax brackets
new tax forms new tax incentives new tax credits for businesses new tax incentives for education |
| gptkbp:criticism |
impact on income inequality
|
| gptkbp:defeated |
windfall profit tax
|
| gptkbp:developsStrategiesFor |
future tax reforms
|
| gptkbp:discusses |
media coverage
academic literature political debates |
| gptkbp:economicImpact |
decrease in federal revenue
|
| gptkbp:effectiveDate |
1981-08-13
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
minimum tax for individuals |
| gptkbp:growthRate |
corporate tax rates
|
| https://www.w3.org/2000/01/rdf-schema#label |
Tax Reform Act of 1981
|
| gptkbp:impact |
taxpayer rights
state tax policies federal budget deficit |
| gptkbp:includesProvisionsFor |
alternative minimum tax
capital gains tax reduction tax-free exchanges |
| gptkbp:influenced |
taxpayer advocacy groups
political campaigns. international tax policy taxpayer behavior future tax legislation public opinion on taxes |
| gptkbp:influencedBy |
supply-side economics
1970s economic conditions |
| gptkbp:introduced |
accelerated depreciation
|
| gptkbp:ledTo |
job creation
increased investment in technology increased federal spending increased economic growth increased public awareness of tax issues increased audits increased tax compliance issues |
| gptkbp:mandates |
tax credits
tax deductions investment incentives retirement savings incentives |
| gptkbp:opposedBy |
gptkb:Democratic_Party
|
| gptkbp:partOf |
gptkb:Reaganomics
|
| gptkbp:provides |
tax relief
|
| gptkbp:reduces |
individual income tax rates
|
| gptkbp:relatedTo |
Economic Recovery Tax Act of 1981
|
| gptkbp:renovated |
tax treatment of foreign income
|
| gptkbp:resultedIn |
changes to tax code
changes to charitable giving tax deductions changes to estate tax changes to tax administration |
| gptkbp:signature |
gptkb:Ronald_Reagan
|
| gptkbp:supportedBy |
gptkb:Republican_Party
|
| gptkbp:targets |
middle-class taxpayers
|