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In History / High School | 2014-09-26

In order to achieve his pro-business goals, President Harding sought to reduce _________ on the wealthiest Americans.

Asked by Breheny

Answer (3)

Taxes. The top 5-10% of americans are taxed the most, over 35% of there income as of 2013

Answered by Tails | 2024-06-10

Taxes. Although morally unfair to everyone else, the wealthy could do more if they had less taxes.

Answered by icedraptor88 | 2024-06-10

President Harding aimed to reduce taxes on the wealthiest Americans to bolster economic growth during his presidency in the early 1920s. By significantly lowering tax rates for high-income earners, Harding's administration sought to encourage investment and increase job creation. These policies, while supportive of business interests, also resulted in increased economic inequality over time.
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Answered by Tails | 2024-12-26