Taxes were lowered to give incentives to business, and government sat back and relaxed instead of worrying about business or taxing so it could get money. That's why our government has NO MONEY!
They lowered taxes on businesses so businesses would get more money and the government wouldn’t have a tough time regulating the money businesses make, and because the government wasn’t making money from taxes, the government doesn’t have any money.
Coolidge lowered taxes to give incentives to big business.
He named conservative advocates of big business to head the Interstate Commerce Commission and the Federal Trade Commission.
Big business support tariffs because they want to limit competition. If it is expensive for foreign companies to sell goods in the US, businesses in the US can control the market.
because people have ideas
reduce the power of big business over the economy.
Coolidge pretty well agreed with Harding's philosophy of government. The difference was that Coolidge was totally honest and used his experience as a governor to run a clean and efficient administration.
Calvin Coolidge was a very pro-business Republican. And although the Depression happened in the midst of his presidency, Herbert Hoover was also pro-business.
Coolidge lowered taxes to give incentives to big business.
During the administrations of Harding, Coolidge, and Hoover, big businesses were generally regarded positively, with a strong emphasis on promoting economic growth and prosperity. These presidents believed that supporting business interests would lead to job creation and increased wealth for the nation. They favored policies that reduced regulation and taxes on businesses, reflecting a pro-business stance that emphasized minimal government intervention in the economy. However, this approach also contributed to economic disparities and ultimately played a role in the challenges faced during the Great Depression.
Big business enjoyed success under President Harding.
Coolidge lowered taxes to give incentives to big business.
Big Business
Big business
The Supreme Court decreased the power of the Sherman Anti-Trust Law.
Big Business -APEX
in favor of big business. apex
to break up trusts