B. Reducing taxes
Expansionary policies seek to encourage economic growth. Governments pursuing an expansionary policy will cut taxes in order to stimulate investment and production by businesses and economic activity by consumers. The idea is that by putting more money back into the pockets of taxpayers (whether corporations or individuals), they will respond by using the dollars not paid in taxes in ways that will generate greater levels of economic activity in the country.
In December 2017, the US Congress (led by Republicans) passed a major tax cut package, which reduced tax rates on corporations from 35% to 21%, as well as lowering individual income tax rates. It remains to be seen, however, how well the tax cut policy will work to improve overall economic well-being in America. Much of the benefit goes to stockholders and investors, more so than to workers. Market Mogul reported in April, 2018, that while <span>Walmart announced it would spend $700 million on job creation and higher wages, that amount is very small compared to the $4 billion that Walmart plans to use to increase its stock value and benefit its investors, shareholders, and executives. So a major argument continues to be debated, as to which sectors of the economy are helped by an expansionary tax policy.</span>
Answer:
During the Articles, the national government consisted of a unicameral (one-house) legislature, there was no national president or executive. Delegates to Congress were appointed by state legislatures, each state also only got 1 vote. Some other key points are: Congress could not draft an army, Congress did not have the power to tax citizens, and Laws needed approval by all thirteen states to be passed.
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Explanation:
“Heritage Day reflects the values of a constitutional democracy where all South Africans' cultural and linguistic rights are recognised and protected by the Constitution.”
inventing oxygen so you can breathe
Answer:
Trade was a primary factor in the rise and development of the West African kingdoms of Ghana, Mali, and Songhai. In particular, these kingdoms grew wealthy, powerful, and influential because they were able to collect taxes from traders who crossed their territories.
