The budget surpluses of the late 1990's and the early 2000's could be attributed to which of the following government policies?

Question

Quizplus · Accepted Answer

The Tax Reform Act of 1986 is credited with simplifying the tax code, broadening the tax base, and eliminating many tax shelters, which contributed to economic growth and, along with spending restraint, helped lead to budget surpluses in the late 1990s and early 2000s.

The Budget Surpluses of the Late 1990's and the Early