09511. THE TAX REFORM ACT OF 1986. Analyzes the impact of the 1986 Tax Reform Act on individual investors and small businesses. After a brief review of the history of tax reform since 1913, the analysis considers four major categories of impact: 1) elimination of tax advantages; 2) increased cost of capital; 3) increased cost of forming C corporations; and 4) the repeal of the General Utilities doctrine. 14p., 29f., 12b.