This topic contains a solution. Click here to go to the answer

Author Question: Discuss the changes in tax policies under the different administrations in recent decades. In your ... (Read 66 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Discuss the changes in tax policies under the different administrations in recent decades. In your opinion, are tax policies based solely on party politics, or are other factors taken into account?
 
  What will be an ideal response?

Question 2

___________ represent the imbalance when government expenditures exceed federal tax revenues.
 
  Fill in the blank with the right word.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

Answer:
An ideal response will:
1. Summarize the various tax policy packages of recent administrations and assess the effects that party politics and other factors have on tax policy, such as the following:
Bush was strongly committed to lowering taxes to revive the economy. President Obama urged Congress to allow the Bush tax cuts to expire, while Republicans in Congress united behind the notion of extending the Bush tax cuts. The issue threatened gridlock and the ability of Congress to act in time to stave off the tax increases scheduled to begin in January 2011. The issue fell to the Democrat-controlled lame duck Congress in December to resolve.
2. Offer a compelling conclusion on whether party politics alone or in combination with other factors is the impetus for tax policy.

Answer to Question 2

Answer: Deficits




mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jul 10, 2018
Gracias!


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library