(Though in the 1980s, Congress did jiggle the tax rules in ways that encouraged both LBOs and ESOPs.)
LBOs and ESOPs were encouraged by the tax rules of the Congress.
mnli hypothesis: LBOs and ESOPs were encouraged by the tax rules of the Congress. premise: (Though in the 1980s, Congress did jiggle the tax rules in ways that encouraged both LBOs and ESOPs.)