Tax Reform Act of 1986 - Simple English Wikipedia, the free encyclopedia

The U.S. Congress passed the Tax Reform Act of 1986 (TRA) to simplify the income tax code, broaden the tax base and take away many tax shelters and other preferences. It was part of a set of bills known as the "Reagan tax cuts".

This short article about the United States can be made longer. You can help Wikipedia by adding to it.