The Tax Cuts and Jobs Act (TCJA) of 2017 made two major changes to U.S. tax law. One was a reduction in most taxpayers' personal income tax rates. The other was O a) a spending package to stimulate...


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The Tax Cuts and Jobs Act (TCJA) of 2017 made two major changes to U.S. tax law.<br>One was a reduction in most taxpayers' personal income tax rates. The other was<br>O a) a spending package to stimulate job growth.<br>O b) an increase in the tax on personal and corporate capital gains.<br>Oc) a reduction for the tax on corporate profits.<br>O d) the elimination of tax brackets, in favor of a single formula for all taxpayers.<br>e) more time for jobless workers to collect unemployment benefits.<br>

Extracted text: The Tax Cuts and Jobs Act (TCJA) of 2017 made two major changes to U.S. tax law. One was a reduction in most taxpayers' personal income tax rates. The other was O a) a spending package to stimulate job growth. O b) an increase in the tax on personal and corporate capital gains. Oc) a reduction for the tax on corporate profits. O d) the elimination of tax brackets, in favor of a single formula for all taxpayers. e) more time for jobless workers to collect unemployment benefits.

Jun 09, 2022
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