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12 Cards in this Set
- Front
- Back
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Reasons for tax cuts? |
No money needed for welfare, balancing the budget, more money |
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1928 tax revenues surpassed |
1920 levels |
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Fordney McCumber |
1922, highest tax of 50% on imports |
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Protectionism |
Safeguarding Americas domestic market |
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When were the tax cuts |
1922,24,26 |
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What did the revenue act do |
1924, reduced taxes from 77% to 24% |
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What did the revenue act do |
1924, reduced taxes from 77% to 24% |
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Amount of tax cuts on big businesses |
$3.5 billion |
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When were the tax cuts |
1922,24,26 |
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What did the revenue act do |
1924, reduced taxes from 77% to 24% |
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Amount of tax cuts on big businesses |
$3.5 billion |
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Federal Highways Act |
1921, 10,000 miles of road built per year |
