Answer:
The best subtitle for the given title would be 'Defense Spending the Exception'.
Option: (A)
Explanation:
- Though President Ronald Reagan opted to cut the tax rates down from 70% to 50% in 1981, it had been made clear already that the military spending would not be affected at all. Despite a 20% direct slash in the revenue generated by the contemporary government through income and general taxes, the budget allotted for defense and allied sectors was not subjected to cuts and reductions.
- The bold move of President Reagan of cutting the tax rates down by a whopping 20% came in line with the actions taken to reduce the continuously growing unemployment rate across the United States.
- Later as he got re-elected in the year 1986, he again opted to cut the tax rates down by another 22% and brought the general tax slab down to 28%.
- These tax cuts allowed the employment rate in the United States to shoot up greatly within a matter of 6 years and also allowed the economy to flourish surprisingly well.
The 15th President of the United States was <span>James Buchanan. </span>
Answer:
The answer is A.his proposal for revenue sharing with the states
Answer:
1-John Deere’s plow
2-farmers no longer needed to harvest hand (McCormick’s reaper)
3-more cotton could be processed more quickly (Whitney’s cotton gin)
Explanation:
