Why was the Wealth Tax Act unpopular?

A. It called for a redistribution of wealth that provoked fear among the wealthy.
B. It set minimum levels for income taxation at barely above the poverty line.
C. It imposed inheritance taxes regardless of income or estate size.
D. It exempted corporations while raising personal income taxes.


Answer: A

History

You might also like to view...

Alfred the Great confined the Viking invaders to a region called

What will be an ideal response?

History

Which of the following is a reason why the Renaissance began in Italy?

A. Italy's strong centralized government B. Italy's military strength C. Italy's geographical location D. corruption in the Roman Catholic Church

History

American businesses in the 1970s

a. generally moved away from manufacturing. b. enjoyed record profits. c. benefited from low interest rates. d. had trouble finding qualified workers.

History

_______ is a researched informative speech that gives in-depth information

A) A process speech B) An expository speech C) A term speech D) A didactic speech

History