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.
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20. <u> Camillo di Cavour</u> Worked to bring about the unification of Italy.
*I can't see the options for 21*
People could start using robots to do work around their house and provide companionship starting in 2030. We could live in a Matrix-like virtual world by 2045. People could also become Cyborgs by 2045. People could control their home settings using artificial intelligence by 2040 as well.
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Many people felt that their lives would be better off if the colonies remained under British rule. Some were simply afraid to go up against the might of the British army. Others had business interests in England and knew that English trade was important to the economy.
