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The Tax Equity and Fiscal Responsibility Act of 1982 (Pub. L. 97–248), [1] also known as TEFRA, is a United States federal law that rescinded some of the effects of the Kemp-Roth Act passed the year before.
This promoted a tax increase that passed the House in late 1981 and the Senate in mid-1982 called the Tax Equity and Fiscal Responsibility Act of 1982. This act was an agreement between Reagan and the Congress that raised revenues for the following years. Following that increase, there were 3 other tax increases from 1983 to 1987 for other ...
Largely at the initiative of Senate Finance Committee chairman Robert Dole, most of the personal tax cuts were reversed in September 1982 by the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) but, most significantly, not the indexing of individual income tax rates. When Reagan left office, the national debt had tripled to around $2.6 ...
The waiver is also called a TEFRA waiver because it was passed as a provision of the Tax Equity and Fiscal Responsibility Act of 1982. Disabled people can transition to Medicaid Home and Home and Community-Based Services Waivers after age nineteen.
South Carolina v. Baker, 485 U.S. 505 (1988), was a United States Supreme Court case in which the Court ruled that section 310(b)(1) of the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA) does not violate the Tenth Amendment to the United States Constitution.
Fiscal Responsibility Act may refer to: . Tax Equity and Fiscal Responsibility Act of 1982, an Act of the 97th United States Congress; Fiscal Responsibility Act of 2007, a proposed Act of the 110th United States Congress
Part 143—Temporary Excise Tax Regulations under the Tax Reform Act of 1969; Part 145—Temporary Excise Tax Regulations under the Highway Revenue Act of 1982 (Pub. L. 97—424) Part 148—Certain Excise Tax Matters under the Excise Tax Technical Changes Act of 1958; Part 156—Excise Tax on Greenmail
Omnibus Budget Reconciliation Act of 1982, Pub. L. 97–253 (1982) Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), Pub. L. 97–248 (1982) Omnibus Budget Reconciliation Act of 1983, Pub. L. 98–270 (1984) Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), Pub. L. 99–272 (1986)
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