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It offered incentives to companies that invested in the modernization and expansion of production facilities

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When was the Economic Recovery Tax passed?

The Economic Recovery Tax was passed in 1981


The economic recovery tax act of 1981 increased taxes on business true or false?

False


What was the result of the economic recovery act of 1981?

The wealthiest Americans received the largest tax cuts.-grad point


What was resulted from the Economic Recovery Act of 1981?

The wealthiest Americans received the largest tax cuts.-grad point


Where can I find a definition of 'economic recovery'?

One can find the definition of economic recovery at Wikipedia. Economic recovery is a period of increasing business activity that signals the end of a recession. Therefore economic recovery is when economic growth turns from negative to positive.


The Truman doctrine resulted in what?

the economic recovery of Europe.


What did the economic recovery act of 1981 do?

Which of the following resulted from the Economic Recovery Act of 1981


What did the economic recovery tax act of 1981 do?

It was an act "to amend the Internal Revenue Code of 1954 to encourage economic growth through reductions in individual income tax rates, the expensing of depreciable property, incentives for small businesses, and incentives for savings, and for other purposes".


What is coming out of economic recession called?

recovery recovery


What is economic recovery?

recovery is the end of recession or decline.


How important was roosevelt in bringing about economic recovery in the US by 1941?

he was the economic recovery it wouldn't have happened without him


What is a tax fur-low?

A tax furlough is a temporary suspension of certain tax obligations or responsibilities, typically granted by a government during extraordinary circumstances, such as economic crises or natural disasters. This measure allows individuals or businesses to defer tax payments without penalties, providing financial relief during challenging times. It can help stimulate economic recovery by giving taxpayers more flexibility with their finances.