Answer:
The Democratic Party believes in cutting taxes for the middle and lower classes and raising them for the upper class. Democratic views on taxes also include the belief that an overhaul to the tax code and system are necessary. They vehemently oppose tax cuts such as those made by George W. Bush that provide relief to the wealthy in addition to the middle and lower classes, stating that the United States needs “a tax code that rewards work and creates wealth for more people, not a tax code that hoards wealth for those who already have it. With the middle class under assault like never before, we simply cannot afford the massive Bush tax cuts for the very wealthiest.” Democrats believe that, seeing as the 1990s were a prosperous time for America, tax code should be brought back to its state during this era.
Republican views on taxes include the belief that tax reduction is important, but must be done the right way. The party believes that budget surpluses have caused Americans to be overtaxed-a condition that is not only threatening their financial prosperity, but is also hindering (and possibly even reversing) growth to the country’s economy. They also want to limit the top marginal rate, believing it punishes those who have worked hard and invested well. Republicans also wish to make the Research and Development tax credit permanent. These three tax reforms combined, Republicans believe, will encourage and promote entrepreneurship. They also believe in encouraging saving and investments by implementing a tax credit for investments. However, despite their support for lowering taxes, Republicans do believe that tax cuts or tax incentives without any balancing spending cuts are detrimental to the economy.
Answer: B
European states entered into military alliances with each other that forced them to come to their allies’ aid in the event of conflict with a nonallied state.
Explanation:
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For starters, the government can regulate the imported goods coming from other countries to protect the sellers inside the country. The government regulates the imports by Charging Tariffs (importing Taxes) or by imposing taxes. The government can also import inside the country when there is a shortage to meet the demand.
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Answer:
Abraham Lincoln
Explanation:
Abraham Lincoln became the United States' 16th President in 1861, issuing the Emancipation Proclamation that declared forever free those slaves within the Confederacy in 1863.