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Legislation

Signing of the Taxpayer Relief Act of 1997

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.

Signing of the Taxpayer Relief Act of 1997

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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