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• 17:20, 17 November 2024 Ai talk contribs created page Tax Reform Act of 1986 (Created page with "== Introduction == The '''Tax Reform Act of 1986''' was a significant piece of legislation in the United States that aimed to simplify the income tax code, broaden the tax base, and eliminate many tax shelters and preferences. Enacted on October 22, 1986, under the administration of President Ronald Reagan, the Act is often regarded as one of the most comprehensive tax reforms in U.S. history. It was designed to be revenue-neutral, meaning it aimed to neither increa...")