What war occurred during the beginning of the Era of easy Finance?
World War II
100
Proposed increase for allowance on depreciation of equipment for corporations is known as what concept?
Business Purpose Concept
100
Beer, Tobacco, and Gasoline are what kind of tax?
Excise Tax
100
What President said "the U.S. tax system is a disgrace to the human race"?
Jimmy Carter
200
The Era of easy finance lasted how many years?
39 years
200
Social Security is know as what concept
Pay-As-You-Go Concept
200
Excise Tax is know as what economic Standard?
Convenience
200
The 10-5-3 proposal was made by what president?
Ronald Reagen
300
Who proposed an increase on excise tax? ( beer, tobacco, gasoline)
Henry Morgenthau Jr.
300
Whose institution was the reason for the success in raising taxes for social security?
Roosevelt's institution
300
The Revenue Act of 1942 fell under what 2 Economic standards?
Fairness and Efficiency
300
During whose term was Pearl Harbor attacked
Franklin D. Roosevelt
400
who was the leader of a lobbyist group and Reagan's campaign
Charles Walker
400
What did the 10-5-3 proposal stand for?
10 years for structure
5 years for equipment
3 years for light vehicle
400
After WWII federal revenues was increased to spend money on public goods and services such as education, welfare, and health services. This fell under what economic standard?
Sufficiency
400
Name 3 presidents that were elected during the era of easy finance?
Roosevelt, Kennedy, Truman, Eisenhower, Johnson, Nixon, Ford, or Carter.