It offered incentives to companies that invested in the modernization and expansion of production facilities
The Economic Recovery Tax was passed in 1981
False
The wealthiest Americans received the largest tax cuts.-grad point
The wealthiest Americans received the largest tax cuts.-grad point
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 economic recovery of Europe.
Which of the following resulted from the Economic Recovery Act of 1981
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".
recovery recovery
recovery is the end of recession or decline.
he was the economic recovery it wouldn't have happened without him
The IRS referred to 2007 tax returns for determining eligibility and the amount of 2008 economic stimulus payments. Eligible individuals were given an extended deadline of October 15, 2008, in which to file their 2007 returns in order to receive 2008 economic stimulus payments. The Recovery Rebate Credit for 2008 tax returns is for people who didn't receive the full economic stimulus payment ($600.00 per taxpayer, $1,200.00 Married Filing Jointly) but who might be eligible now for some or all of the unpaid portion. But if you didn't file a 2007 tax return by October 15, 2008, then you're not eligible for the Recovery Rebate Credit for 2008 tax returns. Recovery Rebate Credits won't be mailed as separate checks, as the 2008 economic stimulus payments were. They'll be added into taxpayers' refunds.