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Laffer

Tax cut

Election 2016: 35th Anniversary of the Largest Tax Cut in American History

August 9, 2016 | Filed under: Reports from Earth

August 13, 2016 will be the thirty-fifth anniversary of the largest tax cut in American history: The Economic Recovery Tax Act of 1981 (ERTA), sometimes referred to as the Kemp-Roth Act. This law is generally credited with beginning the economic boom which carried through the 1990’s.

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