In 1985, President Reagan indexed taxes to the cost of living in order to __________
a. prevent massive tax cuts
b. create new tax incentives
c. increase social insurance taxes
d. keep inflation from impacting tax brackets
d
You might also like to view...
A metropolitan reform strategy that divides public services into those performed by a metropolitan central government and those performed by local governments is called a:
A. two-tiered government. B. city-county consolidation. C. special district. D. metropolitan statistical area.
The mass killings at Sandy Hook Elementary School drew national attention to the growing mental health problem
Indicate whether this statement is true or false.
At the head of each cabinet department is a secretary. How does a secretary obtain his/her position?
a. nominated by and answers directly to the Senate b. nominated by and is subordinate to the judicial branch c. nominated by Congress and ratified by three-fourths of the state governments d. appointed by the president but must be confirmed by the Senate e. appointed by the president at his/her discretion without oversight
When imported goods exceed exported goods, the effect on the balance of trade in the United States is called the ______
a. federal funds rate b. budget deficit c. national debt d. trade deficit