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How did president Wilson compensate for the the reduced government income resulting from his lowering of tariffs?
Wiki User
∙ 6y ago
He reinstated the income tax, which had ended in the 1800s when it was rulled unconstitutional, right after the ratification of the 16th Amendment to the Constitution made it legal.
Era Boyer
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How did Jefferson simplify the federal government?
by cutting costs whenever possible by reducing the size of the army by lowering expenses for government social functions by eliminating all internal taxes
Whih of the following did NOT contribute to the stock market crash of 1929?
The Treasury Department's active involvement in the economy.
How did the federal government replace the revenue lost from lowering tariffs?
The federal government replaced the revenue lost from lowering tariffs through various means. One approach was to implement new taxes, such as the income tax. Another approach was to introduce new revenue sources, such as excise taxes on certain goods and services. Additionally, the government sought to stimulate economic growth and increase overall tax revenue through policies like progressive taxation and promoting trade.
What song is played while lowering the US flag?
The bugle call that accompanies the daily lowering of the flag on a US military base is called 'Retreat'.
Term used for bringing down the flag after hoisting?
Lowering
How did Wilson compensate for the reduce government income resulting from his lowering tariffs?
by creating an income tax
How did president Wilson compensate for the reduced government income resulting from his lowering tariffs?
He reinstated the income tax, which had ended in the 1800s when it was rulled unconstitutional, right after the ratification of the 16th Amendment to the Constitution made it legal.
How did Wilson compensate for reduced government government income resulted from his lowering of tariffs?
by creating an income tax
How did Wilson compensate for the reduced government income resulting from his lowering of taifffs?
Wilson pushed for the proposal and ratification of the 16th Amendment to the Constitution, which makes a a federal income tax legally possible. Before this amendment, the federal government could not impose any direct or "head" tax on its citizens.
What is Barack Obama lowering taxes for if you dont make how much a year?
he is the president
Which is not a result of regulation or government intervention in a market?
lowering the costs of production of a good (novanet)
How may government lessen the problem of unemployment?
the government can use its powers to increase levels of spending by consumers, businesses, and the government itself and by lowering taxes or giving tax incentives
Example of government influence on supply?
by raising or lowering the cost of producing goods, the government can encourage or discourage an entrepreneur or an industry within the country or abroad.
how did jefferson simplify the federal goverment?
Jefferson simplified the government by cutting costs, reducing the size of the army, lowering expenses for government and social funding.
How would a government most likely respond to a slowdown in the economy?
Lowering taxes in order to stimulate spending
When did the lowering voting age?
President Richard Nixon lowered the voting age from 21 to 18 in April 1971.
What does lowering your car do for performance?
Lowers center of gravity and center of moment, decreasing vehicle's tendency to 'wallow' when changing direction; the trade-off is decreased comfort, as suspension must be stiffer to compensate for decreased suspension travel.
