answersLogoWhite

0

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.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

How were Harding and Coolidge similarand how were they different?

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.


What president supported big business in the 1920s?

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.


How did Calvin Coolidge prove himself a friend to big business?

Coolidge lowered taxes to give incentives to big business.


How was big businesses regarded by the Harding Coolidge and Hoover and how was big businesses regarded by the Harding Coolidge and Hoover and administrations?

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.


What group enjoyed seccess under president Harding?

Big business enjoyed success under President Harding.


How did Coolidge prove himself a friend to big businesses?

Coolidge lowered taxes to give incentives to big business.


What group enjoyed success under Harding?

Big Business


Which group benefited the most from the policies of president Calvin Coolidge?

Big business


What did the supreme court during the Harding administration?

The Supreme Court decreased the power of the Sherman Anti-Trust Law.


Which group enjoyed sucess under president harding?

Big Business -APEX


What was the Harding presidency vs the supreme court acted?

in favor of big business. apex


During the 1920s the republican president acted?

to break up trusts