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:
Isolationist
this is due to the fact america was so hesitant to enter the war as their economy was already in a hole with the Great depression
Answer:
The flag was changed to a British Blue Ensign with a red circle, green pentagram and crown centre right.
Explanation:
I believe that is called archipelago
