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.
whether she would be imprisoned
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fjord a deep, high-walled coastal valley created by glacier movement and filled by the waters of melting glaciers
polder land below sea level from which water has been removed
deciduous trees that lose their leaves in the fall
di ke da m
loess fine-grained, fertile soil
Iberian of Spain and Portugal
navigable a safe place for ships to dock
mistral a strong, dry, cold north or northwestern wind
cyclone a severe windstorm characterized by spiraling winds
sirocco a windstorm that blows up clouds of dust or sand
glacier a slow-moving river of snow and ice that moves on the Earth's surface
drought a long period of dry weather resulting in water shortages
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you will washed your hand
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Credit scores are used by lenders, including banks providing mortgage loans, credit card companies, and even car dealerships financing auto purchases, to make decisions about whether or not to offer your credit (such as a credit card or loan) and what the terms of the offer
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