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:
No cartoon but, basically, the Soviet Union collapsed from an economic standpoint, and could ill-afford to support the satellite countries surrounding its empire. Gorbachov, the Soviet premiere was pushing for more openness within the Soviet Union which created greater freedoms for the Russian population. It all became a growing snowball, which ended with the break-up of the USSR.
Explanation:
Because they tried to win that was they doing difficulties things .
Learned from there mistakes and try to not repeat the same mistakes they've made
Answer:less-skilled, repetitive, highly skilled
Explanation:
