TITLE

Will the Next President Reform the Tax Code?

AUTHOR(S)
Silliman, Benjamin R.
PUB. DATE
November 2008
SOURCE
CPA Journal;Nov2008, Vol. 78 Issue 11, p22
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents some historical context as to how major tax issues have been handled by previous U.S. presidents. The Reagan administration enacted the Economic Recovery Tax Act (ERTA) in the late summer of 1981, which cut marginal income tax rates significantly for all taxpayers. President Bill Clinton enacted the Deficit Reduction Act of 1993 with a unified Congress. President Jimmy Carter campaigned in 1976 on reforming the tax code.
ACCESSION #
35273881

 

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