Some articles on tax, economic, economic recovery tax:
... analysis of revenue effect as percentage of GDP from tax bills enacted under Reagan Number of years after enactment Tax bill 4 ... First 2-yr avg 4-yr avg Economic ... The Economic Recovery Tax Act of 1981 resulted in a reduced tax burden on the economy (~-3% of GDP) while other tax bills had neutral or, in the case of the Tax Equity and Fiscal Responsibility Act of 1982, a (~+1 ... the study did not examine the longer-term impact of Reagan tax policy, including sunset clauses and "the long-run, fully-phased-in effect of the tax bills" ...
... One effort was the original sponsorship of the bill providing the income tax indexing clause that was later inserted into President Reagan's famous tax reduction bill of ... This indexing made it so that income tax brackets would automatically be moved up as the inflation rate rose, so that "bracket creep" would be avoided ... This addition to the 1981 tax bill was very popular, as indicated by its co-sponsorship by a majority of members of the U.S ...
Famous quotes containing the words tax, economic and/or recovery:
“Change of fashion is the tax levied by the industry of the poor on the vanity of the rich.”
—Sébastien-Roch Nicolas De Chamfort (17411794)
“America is no place for an artist: to be an artist is to be a moral leper, an economic misfit, a social liability. A corn-fed hog enjoys a better life than a creative writer, painter, or musician. To be a rabbit is better still.”
—Henry Miller (18911980)
“With any recovery from morbidity there must go a certain healthy humiliation.”
—Gilbert Keith Chesterton (18741936)