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AfilCa [17]
3 years ago
6

What act reduced federal income taxes by 25% over a five year period?

Social Studies
1 answer:
defon3 years ago
5 0
The answer to the question is: the Economic Recovery Tax Act of 1981. It is known as ERTA or Kemp-Roth Tax Cut. It encourages economic growth though reducing individual tax rates by twenty-five percent, the charging of depreciable properties, incentives from businesses and other incentives.
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