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.
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The industrial Revolution had many positive effects. Among those was an increase in wealth, the production of goods, and the standard of living, people have access to healthier diets, better housing and cheaper goods. In addition, education increased during the Industrial Revolution.The negative part is a major increase in population, which along with an increase in living standards, led to the depletion of natural resources. The use of chemical and fuels in factories resulted in increased Ari and water pollution and an increased use of fossil fuels
Answer:
Which subject do you hate?
And where is the question?
He was an organist for several years
I think its B. Ethan Allen