Obama-nomics

Having learned from Reagan’s legislative successes—notably the Tax Reform Act of 1986—and from Bill Clinton’s failures—see health reform...

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Does McCain think REAGAN was a socialist?

Tax Reform Act of 1986, President Reagan called the EITC “the best anti-poverty, the best pro-family, the best job-creation measure to come out of Congress.” The EITC provides a tax credit to very low-income working families. McCain, who claims to emulate Reagan, now argues that tax breaks exceeding tax liability is "socialism". Do you think, John?

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Impact of 1986 Tax Reform Act on Homeowners Today

Impact of past and present government action on the housing market.

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What Tax Deductions Are Still Available to Me?

When Congress changed the tax codes with the Tax Reform Act of 1986, it eliminated many of the deductions that enabled many people to avoid paying income taxes. The revision was very thorough. However, for those taxpayers who itemize, some key deductions remain.

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