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5) The tax incentives adopted by Congress in ERTA were intended to stimulate investment both in plant and equipment and in research and development, thereby increasing the efficiency, productivity, and competitiveness of U. Court of Federal Claims DC District Court ERISA Employee Retirement Income Security Act of 1974 ERTA Economic Recovery Tax Act of 1981 Fed. In short, two-thirds of the rise in the poverty rate occurred before Reagan's tax and budget policies could take hold, and all the rise occurred before ERTA [the Economic Recovery Tax Act of 1981] was fully in place. |
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