Why Did the Wilson Administration Impose a Graduated Income Tax

question 91

Multiple Choice

Why did the Wilson administration impose a graduated income tax in 1913?

• A) Correctly predicting the coming of World War I, Wilson hoped to bolster the federal budget for defense.
• B) Having imposed a ban on liquor sales, Wilson had to find a way to compensate for the lost excise tax.
• C) Wilson was trying to fulfill his campaign promise of "soaking the rich."
• D) Wilson had promised Republicans a graduated income tax, but only if in return they supported his declaration of war.
• E) The substantial reduction of duties on imports required Wilson to make up for lost revenue.

Grasp the basic concepts of communication formats with customers, and the nuances between casual and formal communication.

Understand the global requirements for information access and exchange in sales.

Identify the less critical information for salespersons regarding channel members and product knowledge.

Understand the importance and methods of integrating sales promotions with other marketing activities.

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Definitions:

Sound Shadow

An area where sound waves are obstructed or diminished, often created by obstacles that prevent sound from reaching a listener directly.

Volley Principle

A theory in neuroscience suggesting that groups of neurons can produce a higher frequency of action potentials if they fire in sequence rather than singly.

Signal-Detection Theory

A theory that explores how decisions are made under conditions of uncertainty, typically in the context of detecting weak or ambiguous signals amidst noise.

Physical Intensity

Refers to the magnitude or strength of a physical quantity (e.g., sound, light).