Signing of the Taxpayer Relief Act of 1997

Name: Signing of the Taxpayer Relief Act of 1997
Start: 1997-08-05
Location: United States

President Clinton signed the Taxpayer Relief Act of 1997 into law, enacting major tax cuts including a child tax credit and reductions in capital gains tax rates.

The law was a central piece of the 1997 bipartisan budget deal, shaping tax policy by providing targeted relief while accompanying measures aimed to balance deficit reduction and economic growth.

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Event Details

Date: August 5, 1997
President: Bill Clinton
Category: Legislation
Era: Modern Era

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