It enabled them to increase their power over the trade business creating a complete monopoly which in turn led even to military expansions. Eventually, it led to the complete fall of Mughal empire and establishment of East India Company as the rulers of colonial India.
Answer:
i think it is loose constructionist
Explanation:
The Revenue Act
Established in 1935 the Revenue Act issued<span> rates starting at 1 percent and rising to 7 percent for taxpayers with income above $500k.
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There was a split Government with a federalist president and democratic republic Vice President
