may 7, 1981 - Kemp-Roth Tax Cut
Description:
the act was an across-the-board decrease in the marginal income tax rates and trimmed taxes paid by business corporations by $150 billion over a five-year period. Additionally the tax rates were indexed for inflation, though the indexing was delayed until 1985.Added to timeline:
Date:
may 7, 1981
Now
~ 44 years ago