What were the tax reform act of 1986 Basic law requirements? *NEED HELP ASAP*
Need a solid answer one paragraph

The tax reform act of 1986 lowered the top tax rate for ordinary income from 50% to 28% and raised the bottom tax rate frlm 11% to 15%. The act mandated that capital gains be taxed at the same rate as ordinary income, raising the maximum tax rate on long term capital gains to 28% from 20%

on 6 november american voters will elect members of the house of representatives and the senate, which together are called congress.

both houses of congress are currently controlled by the republican party, which backs president donald trump.

the democrats think they can win control of the house of representatives this year by winning a majority of seats.

doing so would let them block or delay the president’s plans by refusing to enact them.

all 435 seats in the house of representatives are up for election.

if the democrats want to take control of the house by having the most seats, they’re going to have to claim at least 23 from the republicans.

graphic: the battle for the house of representatives

the correct statement regarding the federal court systemis that ' congress has the power to create new federal courts.