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.
A peasant is considered to be a farmer and would give free service to the lord and his land. This is in exchange for their rent on the land owned by the lord and for the food provided by the crops grown in the lord's land. They would work for three times in a week or longer, if it is harvest time. A peasant was not permitted to change their abode or move to another place. They needed to become a freeman first. In order to become a freeman, he needed to pay his debt to the lord or buy a piece of his land. The status of being a peasant or serf will be passed onto the descendants.
Http://www.history.com/this-day-in-history/british-zulu-war-begins The British-Zulu War begins as British troops under Lieutenant General Frederic Augustus invade Zululand from the southern African republic of Natal. In 1843, Britain succeeded the Boers as the rulers of Natal, which controlled Zululand, the neighboring kingdom of the Zulu people. Boers, also known as Afrikaners, were the descendants of the original Dutch settlers who came to South Africa in the 17th century. Zulus, a migrant people from the north, also came to southern Africa during the 17th century, settling around the Tugela River region.
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