Register
Why do some Economists believe tax reform is needed in the United States?
177k views
12 votes
Why do some Economists believe tax reform is needed in the United States?

User Png
by
4.4k points

1 Answer

12 votes

Answer:

The Tax Reform Act of 1986 (TRA) was passed by the 99th United States Congress and signed into law by President Ronald Reagan on October 22, 1986.

Step-by-step explanation:

  1. Taxes can be used to stabilize the economy.
  2. The implementation of taxes can promote social equity; for example the use of progressive income taxes.
  3. There are many types of taxes that can be legislated to derive revenue for government operations.
User Kenwyn
by
5.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.7m answers

Other Questions

Decker Tires' free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC
Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Link Copied!