Why Was President Johnson Reluctant to Request a Tax Increase

question 6

Multiple Choice

Why was President Johnson reluctant to request a tax increase to pay for the Vietnam War?

• A)He felt it was an unjust and emotionally taxing conflict.
• B)He had just gotten a tax cut through Congress in 1964.
• C)He wanted to avoid blame for a war he knew the U.S. couldn't win.
• D)He saw U.S. involvement as the fault of the Kennedy administration.

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Definitions:

Utilities

Utilities refer to services such as electricity, water, and gas that are essential for communities and businesses to operate effectively.

High-low Method

A technique used in managerial accounting to estimate fixed and variable costs by analyzing the highest and lowest levels of activity and their associated costs.

Electrical Cost

The expense incurred from consuming electricity in operations, often considered a variable cost in manufacturing or service provision environments.

Fixed Component

The portion of a cost or expense that remains constant regardless of changes in the level of activity or production.