Monday, February 15, 2010

Tax Reform of 1986

During my presidency, the tax reform act was put into place. The tax reform act was when the sixteenth amendment was generally accepted because it was a progressive tax. As earnings increased the tax did too. The tax reform act extended the range of progressive tax rates from fourteen, to seventy percent.

Angelo V.-
http://library.thinkquest.org/11492/cgi-bin/pres.cgi/reagan_ronald?events

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