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.
According to my point of view, the main purpose of government is to establish a secure system to maintain liberty and livelihood, make sure people are getting enough money to liver better and above poverty line.
Because, if people are secure and have liberty but government is not doing anything about that. people are not survive and it will lead to disruption.
The answer would be Senate Majority Leader.
Deciduous forest is where you can find the most trees
