The bill by President George W. Bush EGTRRA called for large tax cuts similar to Economic Recovery Act of 1981 by President Reagan.
The assumptions behind the theory used as a basis by President Reagan to lower the taxes of big companies was Laffer's theory. This states that when an industry is charged with more tax, it suppresses their capability to produce more products. Since more products mean more tax. If the tax collection is lowered, this will result in higher production and is good for the country's economy. Also, they thought that the previous tax collection is more than what the government needs.
Answer:
It is a way for people to learn about government policies.
It allows people to express approval or disapproval of government policies.
It is a method of communicating with government.
Explanation:
Answer:Frederick Douglass was a compelling force in the anti-slavery movement. A man of moral authority, Douglass developed into a charismatic public speaker. Prominent abolitionist William Lloyd Garrison recognized his oratory skill and hired him as a speaker for the Massachusetts Anti-Slavery Society.
Explanation:
Answer:
They formed cooperatives to push prices up and push down the costs
of doing business.- A