Which of the following was not a result of the Tax Reform Act of 1986 in the United States?
A) It expanded tax advantage to individuals and organizations that made donations to nonprofits
B) It made up for the federal government dollars withdrawn as a result of Regan's "new federalism"
C) It proved not to provide enough additional revenue to support the myriad nonprofits springing up to meet the rising demand for social services
D) It resulted in increased competition and a lack of available funding that forced nonprofits to look for financial resources
Correct Answer:
Verified
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