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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 resulted from the Economic Recovery Act of 1981?

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


What was the result of 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


Will the stimulus apply to 2008 if you didn't file for 2007?

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.