1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KonstantinChe [14]
3 years ago
5

LINK PAST AND PRESENT IN 2001, President George W. Bush signed the Economic Growth and Tax relief reconciliation act of 2001 (EG

TRRA). This bill called for large tax cuts just as the Economic Recovery Act of 1981 had and largely benefited the wealthiest Americans. President Bush's approach to economics was very similar to that of President Reagan's. Explain the assumptions behind the theory of supply-side economics, and describe the consequences of Reaganomics.
( No copy and past from another site)
History
1 answer:
BaLLatris [955]3 years ago
5 0
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. 
You might be interested in
The ________ colonies included people from the most diverse group of European countries.
rusak2 [61]

Answer:

umm imma come back to this question hold on pls:)

7 0
3 years ago
Read 2 more answers
historians look at people and events in time and place. This is why they often combined the study of history with the study of?
Semenov [28]

Answer:

l guess the study of sociology or geography

Explanation:

geo is the number 1st answer

7 0
3 years ago
Read 2 more answers
How would the moon appear from earth if it didn't rotate? p.s.a i will give brainlest
Mnenie [13.5K]
The moon would become just this sphere of white light, it would look the same every night and won’t have moon phases anymore.

~this is my own opinion on how it would look
3 0
3 years ago
Government policies and public policies in general have three (3) defining characteristics. They are:
Alex73 [517]

Good public policy is the one which does not aim at creating any gulf and a rift in a political scenario. It must be people centric and such policies must address the public issues in the economy.

Explanation:

A Good public policy occurs when it is deduced that it will result in a positive outcome in an economy. It must be totally for the benefit of the people. It must aim to solve the problem within the legal limits and also there by ensuring that such issues are addressed democratically.  

Government policies must be effective and efficient. Policies should not be contradictory and it should have clear purpose. It must be consistent with all departments and at all levels in an organization.

3 0
3 years ago
Why did the all the white school not want Ruby Bridges at their school?
uranmaximum [27]

Answer:

They did not want her to go to the white school because she was of another race, and that race was the african american race. Back then their was racism and the whites hated blacks, and that is why the whites/didnt

want ruby to come to the school.

4 0
3 years ago
Other questions:
  • When did the Allies know of the mass killings at extermination camps in Poland? 1941 1945 1944 1943 1942
    7·2 answers
  • What are the primary motives for europian exploration of the americas?
    8·1 answer
  • Why were yeoman farmers often called the backbone of the south in the period from 1820 to 1850
    14·1 answer
  • Did the policies of the Reagan Administration strengthen or weaken the United States?
    8·1 answer
  • FREE BRAINLIST TO WHOMEVER ANSWERS THIS QUESTION!
    14·1 answer
  • Explain 3 reason why the European planters supported slavery​
    8·1 answer
  • \What decisions does the business cycle help businesses make? Check all that apply.
    5·1 answer
  • Hello if we we were in a room alone together what would u do???? let me know
    5·1 answer
  • What form of discrimination that African American soldiers experienced during WW2 ended late in the war?
    13·1 answer
  • Which statement best describes Robert's
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!