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:
Germany declared war on Russia because they wanted to also declare war on the French. In an audacious move called the Schlieffen Plan Germany had to attack Russia to delay the progress of their steam rail expansion then while the Russians are distracted attack France. Germany knew for certain if they allowed Russia to complete their rail connections the Russian with their superior numbers would overrun them.
Explanation:
Answer:
The four main objectives of U.S. foreign policy are the protection of the United States and its citizens and allies, the assurance of continuing access to international resources and markets, the preservation of a balance of power in the world, and the protection of human rights and democracy.
Explanation:
Actually, no less a student of the United States than Andrei Gromyko once remarked that Americans have "too many doctrines and concepts proclaimed at different times" and so are unable to pursue "a solid, coherent, and consistent policy." Only recall the precepts laid down in Washington's Farewell Address and Jefferson's inaugurals, the speeches of John Quincy Adams, the Monroe Doctrine with its Polk, Olney, and Roosevelt Corollaries, Manifest Destiny, the Open Door, Wilson's Fourteen Points, Franklin Roosevelt's wartime speeches and policies, Containment in all its varieties, Nixon's détente, Carter's Notre Dame speech, Clinton's enlargement, and the Truman, Eisenhower, Nixon, Carter, and Reagan Doctrines. Far from hurling the country into a state of anomie, the end of the Cold War has revealed anew the conceptual opulence that has cluttered American thinking throughout this century.
(Back to Bedrock: The Eight Traditions of American Statecraft)
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