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:
Industrialization was greatly increasing the economic, military, and political strength of the societies that embraced it. By and large, the countries that had benefited from industrialization were the ones that had the most necessary components of land, labor and capital, and often the government support.
Explanation:
About 10 to 14 days depends where in Japan or california
Answer:
I think it mean that the past happened already there no suck thing as going back to the future and the present mean it’s going to happened
Explanation:
