The POTUS Timeline
Legislation

Reagan signs the Tax Reform Act of 1986

President Reagan signed the Tax Reform Act of 1986, a bipartisan overhaul that lowered individual marginal tax rates, broadened the tax base, and eliminated many deductions and shelters.

Reagan signs the Tax Reform Act of 1986

The act was the most significant U.S. tax code rewrite in decades, reshaping federal revenue policy, simplifying aspects of tax law, and altering incentives across the economy.

← Back to timeline View Ronald Reagan

References / Sources

No source references have been added for this event yet.

Related Timeline Entries