Answer:
An IRA is commonly used as a tax sheltered tool to investment for retirement
Choice A
Explanation:
An individual retirement account (IRA) is a tax-sheltered investing tool for retirement savings. There are several types of IRAs: we have the traditional IRAs, Roth IRAs, SIMPLE IRAs, and SEP IRAs.
Why by Mimiwhatsup: People held enslaved people as workers and relied on them to operate. Especially for picking cotton they even bred slaves and sold them as high prices.
Answer:
A compromise tariff bill was passed in 1833
Explanation:
The tariffs bills of 1828 and 1832 had so outraged the south that the state of South Carolina threated to succeed from the Union and John C. Calhoun resigned as vice president of the United States.
The tariffs of 1828 had raised import duties to 62% of the value of the imports. These duties applied to 92% of all imports. The tariffs were designed to protect factories in the Northern states from competition from England and other European countries.
The results of these import taxes were devastating to the South. England could not afford to buy as much Southern Cotton. The South had to import almost everything as there was little manufacturing in the south. Cost went up by almost 50% and income went down. The money raised by these taxes was spent mainly in the North on railroads, roads and canals to help northern industry.
At the constitutional convention in 1787, the issue of representation in the United States Legislature was resolved by the Great Compromise. The Great Compromise
happened in the year 1787 over a debate regarding the way the states should be
represented. Larger states demanded more representation while the smaller states
thought that it was unfair and the representation should be equal. Roger
Sherman understood that this debate could reach a point where everything would
be destroyed and so he started the process of the Great Compromise.
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