|
gptkbp:instance_of
|
gptkb:legislation
|
|
gptkbp:amended_by
|
gptkb:Internal_Revenue_Code
tax treatment of capital gains
|
|
gptkbp:created
|
new tax brackets
|
|
gptkbp:depicted_in
|
a major political achievement
|
|
gptkbp:effective_date
|
January 1, 1987
|
|
gptkbp:enacted_by
|
gptkb:United_States_Congress
|
|
gptkbp:established
|
new rules for passive activity losses
|
|
gptkbp:expansion
|
gptkb:Earned_Income_Tax_Credit
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Tax Reform Act of 1986
|
|
gptkbp:included_changes_to
|
tax credits
|
|
gptkbp:includes_provisions_for
|
tax-exempt organizations
|
|
gptkbp:increased
|
standard deduction
tax on foreign income
|
|
gptkbp:influenced
|
future tax policy
1990 and 1993 tax reforms
|
|
gptkbp:introduced
|
Alternative Minimum Tax for corporations
|
|
gptkbp:is_a
|
gptkb:legislation
|
|
gptkbp:is_a_key_component_of
|
Reagan's economic policy
|
|
gptkbp:is_a_subject_of
|
political campaigns
|
|
gptkbp:is_acclaimed_for
|
simplifying the tax code
|
|
gptkbp:is_affected_by
|
millions of taxpayers
|
|
gptkbp:is_aimed_at
|
broadening the tax base
|
|
gptkbp:is_analyzed_in
|
academic studies
economists and tax experts
|
|
gptkbp:is_criticized_for
|
favoring wealthy individuals
due to its impact on tax equity
|
|
gptkbp:is_debated_in
|
in the Senate and House
|
|
gptkbp:is_discussed_in
|
gptkb:political_debates
gptkb:media_coverage
|
|
gptkbp:is_implemented_in
|
IRS regulations
|
|
gptkbp:is_reviewed_by
|
gptkb:the_Congressional_Budget_Office
|
|
gptkbp:is_subject_to
|
legal challenges
|
|
gptkbp:is_targeted_at
|
corporate tax reform
|
|
gptkbp:landmark
|
gptkb:tax_policy
U. S. fiscal policy.
|
|
gptkbp:led_to
|
increased compliance costs
|
|
gptkbp:model
|
future tax reforms
|
|
gptkbp:notable_changes
|
U. S. tax policy
|
|
gptkbp:part_of
|
reform the federal tax system
|
|
gptkbp:promotes
|
economic growth
|
|
gptkbp:reduces
|
individual income tax rates
capital gains tax rates
|
|
gptkbp:repealed_by
|
Investment Tax Credit
|
|
gptkbp:revenue
|
$1.4 trillion
|
|
gptkbp:rounds
|
many tax shelters
|
|
gptkbp:signed_by
|
gptkb:Sir_Ronald_Reagan
October 22, 1986
|
|
gptkbp:simplified
|
tax code
|
|
gptkbp:updates
|
deduction limits for business meals
|
|
gptkbp:was_a_factor_in
|
the economic policies of the 1980s
|
|
gptkbp:was_a_response_to
|
economic conditions of the 1980s
tax avoidance strategies
public demand for tax fairness
the tax system's complexity
|
|
gptkbp:was_a_response_to_pressures_from
|
business communities
|
|
gptkbp:was_a_significant_legislative_achievement_for
|
the Reagan administration
|
|
gptkbp:was_analyzed_for_its_impact_on
|
income distribution
|
|
gptkbp:was_implemented_to_address
|
deficit reduction
|
|
gptkbp:was_implemented_to_improve
|
tax compliance
|
|
gptkbp:was_influenced_by
|
international tax trends
lobbying from various interest groups
|
|
gptkbp:was_part_of
|
gptkb:Reaganomics
|
|
gptkbp:was_part_of_a_series_of_reforms
|
in the U. S. tax system
|
|
gptkbp:bfsParent
|
gptkb:Sir_Ronald_Reagan
|
|
gptkbp:bfsLayer
|
3
|