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Which of the following resulted from the Economic Recovery Act of 1981?

User Changx
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2 Answers

1 vote

Answer:

major tax cut

Step-by-step explanation:

User Joseph Tesfaye
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5 votes

Answer:

A $200 billion cut in the federal government's annual revenue.

Step-by-step explanation:

The reason they amended the Internal Revenue Code of 1954 to encourage economic growth through reductions in tax rates for individual taxpayers, acceleration of capital cost recovery of investments in plant, equipment, and real property, and incentives for saving, among other things, and to accomplish other objectives.

User AndroGuy
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