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20 November, 21:33

6. Explain the business policies of Calvin Coolidge -

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  1. 20 November, 21:37
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    He was a pro-business conservative who favored tax cuts and limited government spending.

    Explanation:

    Taxation and government spending

    Coolidge adopted the taxation policies of his Secretary of the Treasury, Andrew Mellon, who advocated "scientific taxation" - the notion that lowering taxes will increase, rather than decrease, government receipts. Congress agreed, and tax rates were reduced in Coolidge's term.
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