Capital gains were taxed at the same rate as ordinary income from 1988 to 1990 as a result of the Tax Reform Act of 1986, which was signed into law by President Ronald Reagan.

Authors

• Person: Not available Organization: Center for American Progress
  How the Government Subsidizes Wealth Inequality

Sources

• How the Government Subsidizes Wealth Inequality www.americanprogress.org Center for American Progress via serper

Referenced by nodes (3)

• Ronald Reagan entity
• capital gains concept
• ordinary income concept