Answer:
Government subsidies for federal elections, originally proposed by President Roosevelt in 1907, began to take shape as part of the 1971 law, as Congress established the income tax checkoff to provide for the financing of Presidential general election campaigns and national party conventions.
Explanation:
The correct answer is option D " …in a changing world worthy institutions can be conserved only by adjusting them to the changing time". Calvin Coolidge was the 30th president of the United States, a republican lawyer that had a successful political life. His philosophy against active government was that institution should change with the government in order to stay active and productive to the society.
<span>The United States Revenue Act of 1926, 44 Stat. 9, reduced inheritance and personal income taxes, cancelled many excise imposts, eliminated the gift tax and ended public access to federal income tax returns.</span>
The state governments may vary in amount of power shared with the central government.