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ivann1987 [24]
2 years ago
8

What affect did the tax cuts of 2003 have

History
2 answers:
djyliett [7]2 years ago
3 0

Answer:

In 2003, President Bush authorized the Jobs and Growth Tax Relief Reconciliation Act. It reduced tax rates on long-term capital gains and dividends to 15%. It increased tax deductions for small businesses.

Explanation:

dolphi86 [110]2 years ago
3 0

Answer:

The tax policy changes that were brought under President W. Bush from 2001 to 2003 were known as Bush Tax cuts. They were formally called as the Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) and  Economic Growth and Tax Relief Reconciliation Act of 2003 (EGTRAA)   .The tax cuts were most beneficial for High income taxpayers. Various evidences about tax cuts suggest that they didn't improve the economic growth instead increased the deficits and debts. They also increased income inequality.

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Which city is located in Southern Germany and had major industries including textiles, banking, mining, and jewelry?
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3 years ago
How were railroads the key to success for cattle ranchers?
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3 years ago
Assess the advantages of the North and the South at the beginning of the Civil War. How did the advantages of each side change o
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Answer:

Advantages of the North:

  • Population: the North had 22 million people at the start of the civil war, while the south had 9 million, less than half. This proved crucial because it allowed the North to field larger armies over a longer period of time (especially when soldiers began to die in large numbers).
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  • Leadership: most historians agree that Abraham Lincoln was a far more effective leader than Jefferson Davis.

The South had many disadvantages and most historians agree that winning the war for the Confederacy was practically impossible, however one advtange the South had was:

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6 0
3 years ago
1. According to John Locke, how should a land be governed? Why do you think this is the case?
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Explanation:

Hope this helps

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2 years ago
The santa fe trail started in missouri. where did it end?
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The Santa Fe trail started in Independence, Missouri and ended in Santa Fe, New Mexico (hence the name, Santa Fe). Hope this helped!
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