Top Posters
Since Sunday
82
a
50
14
10
G
9
I
8
m
8
7
m
7
K
7
6
b
6
New Topic  
LilyGal LilyGal
wrote...
Posts: 349
A week ago

Both presidents Kennedy and Reagan proposed significant cuts in income taxes. Opponents of these tax cut proposals argued that



the tax cuts would benefit high-income taxpayers.



cutting state sales taxes, rather than federal income taxes, would result in greater economic efficiency.



it would be better to cut taxes on corporate profits.



while the tax cuts would result in greater economic efficiency, there was too much opposition to the tax cuts in Congress. As it turned out, Congress ultimately approved both tax cut proposals.

Textbook 

InMicro


Edition: 1st
Authors:
Read 54 times
1 Reply
Replies
Answer verified by a subject expert
JennyyyJennyyy
wrote...
Posts: 334
A week ago
Sign in or Sign up in seconds to unlock everything for free.

the tax cuts would benefit high-income taxpayers.

1

Related Topics

New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  70 People Browsing
 116 Signed Up Today
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 88

Previous poll results: Who's your favorite biologist?
Related Images
 453
 68
 30