IDNLearn.com offers a reliable platform for finding accurate and timely answers. Ask anything and receive prompt, well-informed answers from our community of experienced experts.
Why was the 1964 tax reduction act "needed" and what did it do?
With these cuts in mind, the federal government took a $9.5 billion revenue decline. The Revenue Act of 1964 helped stimulate the economy in terms of lowering unemployment and increasing investment because of the increased consumption the tax cut provided
Thank you for contributing to our discussion. Don't forget to check back for new answers. Keep asking, answering, and sharing useful information. IDNLearn.com is your reliable source for answers. We appreciate your visit and look forward to assisting you again soon.
