206k views
2 votes
What were some of the tax reform issues that were addressed in 1981?

User Impo
by
8.8k points

1 Answer

2 votes
Some of the issues adressed were reducing taxes to individuals and encourage company growth. The famous Economic Recovery Tax Act of 1981 dealt with helping people earn more money by paying less taxes because the idea was that the companies would then pay higher wages or provide more jobs.
User Andep
by
8.8k points