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4 Cards in this Set
- Front
- Back
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Taxation |
- Lower taxation especially on the richest in society (1926 Revenue Act)
- Encouraging spending and investment to grow economy |
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Tariffs |
- 1926 Fordney McCumber Tariff damaged global trade - Isolationist - Helped local industries of dye, steel and aluminium factories |
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Andrew Mellon |
- Taxes on the rich 50% - 20% - While in office handed out $3.5billiom in tax reductions |
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Trade Unions |
- 'The American Plan' - 1921 - 1925 after a railroad shopmans strike this lead to significant powers being taken away from unions by the US Supreme Court |
