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In Order to Curtail Bracket Creep,the Tax Reform Act of 1986

Question 93

Multiple Choice

In order to curtail bracket creep,the tax Reform Act of 1986


A) lowered the tax rates.
B) reduced the number of brackets and widened the income levels in each bracket.
C) raised the lowest income levels that are subject to tax.
D) narrowed the income levels in each bracket and shorten each bracket.
E) removed the 5% surcharge on certain upper income levels.

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