asked 97.9k views
5 votes
Which of the following resulted from the Economic Recovery Act of 1981?

asked
User Changx
by
7.3k points

2 Answers

1 vote

Answer:

major tax cut

Step-by-step explanation:

answered
User Joseph Tesfaye
by
8.5k points
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.

answered
User AndroGuy
by
8.0k points
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