Answer:
positive:Cutting federal income taxes, cutting the U.S. government spending budget, cutting useless programs, scaling down the government work force, maintaining low interest rates, and keeping a watchful inflation hedge on the monetary supply was Ronald Reagan's formula for a successful economic turnaround. negative:The Tax Reform Act of 1986 and its impact on the alternative minimum tax (AMT) reduced nominal rates on the wealthy and eliminated tax deductions, while raising tax rates on lower-income individuals. The across the board tax system reduced marginal rates and further reduced bracket creep from inflation.
Explanation:
<u>The correct answer is: "Both believed in the theory of a social contract."</u>
<u>Rousseau and Locke are two very important philosophers from the Enlightment era. </u>The Enligthment, in general, consisted on the promotion of reason and of scientific methods over previously dominant superstitions, dogmas and religious beliefs.
The social contract theory states that the power of a state resides on its citizens, who have the right of electing their political representatives through suffrage. This was a quite revolutionary idea, as it emerged in Europe when most countries were governed by absolute monarchs whose power was believed to be granted by God.
The politician who introduced this term and used it widely was Winston Churchill, one of Britain's most famous prime ministers and a Nobel prize winner for his analysis of history.
