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Most presidents favor tax reductions for somebody. Obama talked about reductions for the lower and middle classes. The "Bush tax cuts" are currently being talked about.
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What was the basis of President Ronald Reagan's economic policy?
Tax reduction
What promise did Ronald Reagan make while he was president?
He promised to make a major tax reduction, after his state had the highest tax rate. It was also a center piece for his campaign.
What is tax avoidance?
this is a reduction of taxes
Are you in favor of value added tax?
no! no!
Who is president Grover Cleveland?
Check it out on Answers.com or Wikipedia. To put it short, he was a Democratic guy focused on reform and tax reduction. Oh, he also had spaced office terms.
Is the tax reduction benefits of Jarvis-Gann transferrable like from father to son?
No, the tax reduction benefits of the Jarvis-Gann initiative are not transferable from father to son. Each individual taxpayer is responsible for their own taxes and can only benefit from the tax reduction based on their own circumstances.
Which party would typically favor a tax cut?
All would favor lower taxes.
What is a tax shield?
A tax shield is basically a tax reduction for some tax payers. Using a tax shield can help save cash flows and it will increase the value of a business.
Why did the progressives favor a Graduated income tax?
the wealthy would carry the greatest tax burden
my property was worth $290 now its worth $174 is this a tax reduction?
Your property may have been re-assessed or there may have been a reduction in the tax rate. Contact the county assessor for details.
What are tax deductions and credits?
A deduction reduces the amount of income that is subject to tax, and a credit represents a direct reduction in the amount of tax liability
What happens when there is a tax reduction?
We keep more of the money we earned. When does this happen?
