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About: Tax Reform Act of 1969     Goto   Sponge   NotDistinct   Permalink

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The Tax Reform Act of 1969 (Pub.L. 91–172) was a United States federal tax law signed by President Richard Nixon in 1969. Its largest impact was creating the Alternative Minimum Tax, which was intended to tax high-income earners who had previously avoided incurring tax liability due to various exemptions and deductions.