Answer:
The Democratic Party believes in cutting taxes for the middle and lower classes and raising them for the upper class. Democratic views on taxes also include the belief that an overhaul to the tax code and system are necessary. They vehemently oppose tax cuts such as those made by George W. Bush that provide relief to the wealthy in addition to the middle and lower classes, stating that the United States needs “a tax code that rewards work and creates wealth for more people, not a tax code that hoards wealth for those who already have it. With the middle class under assault like never before, we simply cannot afford the massive Bush tax cuts for the very wealthiest.” Democrats believe that, seeing as the 1990s were a prosperous time for America, tax code should be brought back to its state during this era.
Republican views on taxes include the belief that tax reduction is important, but must be done the right way. The party believes that budget surpluses have caused Americans to be overtaxed-a condition that is not only threatening their financial prosperity, but is also hindering (and possibly even reversing) growth to the country’s economy. They also want to limit the top marginal rate, believing it punishes those who have worked hard and invested well. Republicans also wish to make the Research and Development tax credit permanent. These three tax reforms combined, Republicans believe, will encourage and promote entrepreneurship. They also believe in encouraging saving and investments by implementing a tax credit for investments. However, despite their support for lowering taxes, Republicans do believe that tax cuts or tax incentives without any balancing spending cuts are detrimental to the economy.
Answer:
Explanation:
California's Mines After the Gold Rush As gold became more and more difficult to reach, the growing industrialization of mining drove more and more miners from independence into wage labor. The new technique of hydraulic mining, developed in 1853, brought enormous profits but destroyed much of the region's landscape.
How were Kush and Axum alike?
<u>
A. both were commercial and trade centers</u>
B. both were ruled by the caste system
C. both utilized the trans-Saharan trade route
D. both were significantly influenced by Islam
