Article Title
Abstract
O N AUGUST 20, 1982, President Reagan signed into law the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), the fourth piece of major tax legislation in less than seven years. Though TEFRA has been said to provide the single largest tax increase in American history, President Reagan lobbied for it not as a tax bill, but as a revenue measure which, to his mind, in no way represented a backing-off from his vaunted "supply side-trickle down" economic program. This article will discuss the implications of TERFA on both the individual taxpayer and businesses.
Recommended Citation
Briner, Merlin G.
(1983)
"Tax Equity and Fiscal Responsibility Act of 1982,"
Akron Tax Journal: Vol. 1
, Article 2.
Available at:
https://ideaexchange.uakron.edu/akrontaxjournal/vol1/iss1/2