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How did the Tax Reform Act of 1986 alter the American tax system?

amyc22

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6 years ago

How did the Tax Reform Act of 1986 alter the American tax system?

How did the Tax Reform Act of 1986 alter the American tax system?

A. It raised taxes on the poor but lowered them for the wealthy.
B. It prohibited Congress from raising taxes during recessions.
C. It closed corporate tax loopholes and simplified the tax code.
D. It granted the president increased power over tax rates.

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tlc_71111

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amyc22 Author

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6 years ago

Smart ... Thanks!

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