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- Revenue_Act_of_1978 abstract "The United States Revenue Act of 1978, Pub.L. 95–600, 92 Stat. 2763, enacted November 6, 1978, amended the Internal Revenue Code by reducing individual income taxes (widening tax brackets and reducing the number of tax rates), increasing the personal exemption from $750 to $1,000, reducing corporate tax rates (the top rate falling from 48 percent to 46 percent), increasing the standard deduction from $3,200 to $3,400 (joint returns), increasing the capital gains exclusion from 50 percent to 60 percent (effectively reducing the rate of taxation on realized capital gains to 28%), and repealing the non-business exemption for state and local gasoline taxes.The Act was passed by the 95th Congress and was signed into law by President Jimmy Carter on November 6, 1978.The Act also established Flexible spending accounts, which allow employees to receive reimbursement for medical expenses from untaxed income dollars. The Act added section 401(k) to the Internal Revenue Code. This latter provision, intended to limit executive compensation, was later used to develop one of the primary tax-advantaged retirement savings vehicles in use in the United States.".
- Revenue_Act_of_1978 wikiPageExternalLink Revenue-Act-of-1978-PL-95-600.
- Revenue_Act_of_1978 wikiPageID "1622316".
- Revenue_Act_of_1978 wikiPageLength "1751".
- Revenue_Act_of_1978 wikiPageOutDegree "13".
- Revenue_Act_of_1978 wikiPageRevisionID "644506092".
- Revenue_Act_of_1978 wikiPageWikiLink 401(k).
- Revenue_Act_of_1978 wikiPageWikiLink 95th_United_States_Congress.
- Revenue_Act_of_1978 wikiPageWikiLink Category:1978_in_law.
- Revenue_Act_of_1978 wikiPageWikiLink Category:United_States_federal_taxation_legislation.
- Revenue_Act_of_1978 wikiPageWikiLink Corporate_tax.
- Revenue_Act_of_1978 wikiPageWikiLink Flexible_spending_account.
- Revenue_Act_of_1978 wikiPageWikiLink Gasoline.
- Revenue_Act_of_1978 wikiPageWikiLink Income_tax.
- Revenue_Act_of_1978 wikiPageWikiLink Internal_Revenue_Code.
- Revenue_Act_of_1978 wikiPageWikiLink Jimmy_Carter.
- Revenue_Act_of_1978 wikiPageWikiLink President_of_the_United_States.
- Revenue_Act_of_1978 wikiPageWikiLink Tax_bracket.
- Revenue_Act_of_1978 wikiPageWikiLink United_States.
- Revenue_Act_of_1978 wikiPageWikiLinkText "Revenue Act of 1978".
- Revenue_Act_of_1978 wikiPageUsesTemplate Template:Reflist.
- Revenue_Act_of_1978 wikiPageUsesTemplate Template:USStatute.
- Revenue_Act_of_1978 wikiPageUsesTemplate Template:US_tax_acts.
- Revenue_Act_of_1978 subject Category:1978_in_law.
- Revenue_Act_of_1978 subject Category:United_States_federal_taxation_legislation.
- Revenue_Act_of_1978 comment "The United States Revenue Act of 1978, Pub.L. 95–600, 92 Stat.".
- Revenue_Act_of_1978 label "Revenue Act of 1978".
- Revenue_Act_of_1978 sameAs Q7317992.
- Revenue_Act_of_1978 sameAs m.05hf45.
- Revenue_Act_of_1978 sameAs Q7317992.
- Revenue_Act_of_1978 wasDerivedFrom Revenue_Act_of_1978?oldid=644506092.
- Revenue_Act_of_1978 isPrimaryTopicOf Revenue_Act_of_1978.