Search results
Results From The WOW.Com Content Network
A propaganda poster promoting the reform. The poster reads; "We are forging the keys of happiness'!" The 1965 Soviet economic reform, sometimes called the Kosygin reform (Russian: Косыгинская реформа) or Liberman reform, named after E.G. Liberman, was a set of planned changes in the economy of the USSR.
There were two major tax cuts: The Economic Recovery Tax Act of 1981 and the Tax Reform Act of 1986. The tax cuts popularized the now infamous phrase "trickle-down economics" as it was primarily used as a moniker by opponents of the bill in order to degrade supply-side economics, the driving principle used to promote the tax cuts.
The United States Revenue Act of 1964 (Pub. L. Tooltip Public Law (United States) 88–272), also known as the Tax Reduction Act, was a tax cut act proposed by President John F. Kennedy, passed by the 88th United States Congress, and signed into law by President Lyndon B. Johnson.
In July 2011, an advisor suggested the name "the Optimal tax" for the Cain campaign's tax policy plan. Cain rejected the name, saying, "We're just going to call it what it is: 9–9–9 Plan." [3] The proposal would introduce a 9% personal income tax, 9% federal sales tax, and 9% corporate tax to replace the country's current tax system.
As governor of Wisconsin, La Follette compiled a progressive record, implementing primary elections and tax reform. La Follette won re-election in 1902 and 1904. In 1905 the legislature elected him to the United States Senate, where he emerged as a national progressive leader, often clashing with conservatives like Senator Nelson Aldrich.
[101] [102] Because of this limit, people with higher incomes pay a lower percentage of tax than people with lower incomes; the payroll tax is therefore a regressive tax. CBO estimated in 2010 that removing the cap on the payroll tax (i.e., making all income subject to the flat payroll tax rate) would fully fund the program for 75 years. [ 83 ]
Americans for Tax Reform is a 501(c)(4) organization with 14 employees, finances of $3,912,958, and a membership of 60,000 (as of 2004). It was founded by Grover Norquist in 1985. The associated educational wing is the Americans for Tax Reform Foundation, which is classified as a 501(c)(3) research and educational organization.
Articles 1–3 address the subject of rights and the relationship between government and the governed. Article 1 states that "all men are by nature equally free and independent, and have certain inherent rights of which ... they cannot deprive or divest their posterity; namely, the enjoyment of life and liberty, with the means of acquiring and possessing property, and pursuing and obtaining ...