Respect for the sovereignty of all nations means that the United States will first try to use equitable trade practices before considering imposition of our will on other nations through economic, diplomatic, or military means, except as a last resort when that nation poses a clear and present threat to our national security and prosperity.
We have long term national interest in supporting nations that respect the basic dignity and rights of their citizens. This national interest also includes, when REQUESTED, assistance in building and maintaining freedom and prosperity, which helps reduce anti-American sentiment.
A fiscally responsible foreign policy means accepting the fact that not every good we wish to do is a good that we can afford to do. Furthermore, the US will look to help poorer nations, and/or those struck by disaster, by assisting in the improvement of infrastructure and industry through use of unbalanced trade that will be renegotiated on a regular basis as the beneficiary nation’s situation improves.
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A pledge to fight communism
<span>It was the current revision of the Internal Revenue Code, now Title 26 of the US Code .
</span><span>The Revenue Act of 1926 was actually passed in 1925 and affected income for the 1925 year. The effect of the law was to further lower income taxes. Corporate taxes were increased from 12.5% to 13.5% to help offset the loss in revenue.</span>
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