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2. Economic Recovery Tax Act of 1981 - Wikipedia

   en.wikipedia.org/wiki/Economic_Recovery_Tax_Act...

   Revenue from capital gains tax increased 50% from $12.5 billion in 1980 to over $18 billion in 1983. [25] In 1986, revenue from the capital gains tax rose to over $80 billion; after the restoration of the rate to 28% from 20% from 1987, capital gains revenues declined until 1991. [25] Critics claim that the tax cuts worsened budget deficits.

3. History of taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/History_of_taxation_in_the...

   According to historian and domestic policy adviser Bruce Bartlett, Reagan's 12 tax increases over the course of his presidency took back half of the 1981 tax cut. [43] For tax year 1987, the highest marginal tax rate was 38.5% for individuals. [44] It was lowered to 28% in revenue neutral fashion, eliminating many loopholes and shelters, along ...

4. Reagan tax cuts - Wikipedia

   en.wikipedia.org/wiki/Reagan_tax_cuts

   In total, the US lost over $200 billion in 2012 chained dollars due to the original tax cut in the first four years and around $1 billion for the second tax cut. Revenues grew from 1982 to 1987 by a total of $137 billion in revenue which adds up to roughly $64 billion in net revenue lost because of the cuts.

5. Tax Cuts and Jobs Act - Wikipedia

   en.wikipedia.org/wiki/Tax_Cuts_and_Jobs_Act

   The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. Tooltip Public Law (United States) 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.

6. Chili’s offers lifetime supply of free burgers - AOL

   www.aol.com/finance/chili-offers-lifetime-supply...

   June 25, 2024 at 11:55 AM. ... (Technically, you’ll get a 40-year supply of burgers, in the form of $31,200 in Chili’s gift cards, as well as a $10,296 cash payment to cover the taxes that go ...

7. Costco membership fees are going up for the first time ... - AOL

   www.aol.com/costco-membership-fees-going-first...

   On Wednesday, Costco also announced that net sales were up 7.4% for the five weeks ended on July 7 compared to last year. Shares of Costco jumped over 2% in after-hours trading following the news.