question archive The President, Barack Obama, has executed various policies to help improve the performance of our nation's economy
The President, Barack Obama, has executed various policies to help improve the performance of our nation's economy
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The President, Barack Obama, has executed various policies to help improve the performance of our nation's economy. Which economic policies you advocate and why?
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- The American Recovery and Reinvesting Act of 2009. It was a program that encompassed measures to stimulate the economy. I advocate it because it modernized energy, communication networks and enhanced the energy power grid through an injection of $4.5 billion. It has several lineups, including the workforce development program, smart grid investment grant, and others.
- The American Taxpayer Relief Act of 2012(ATRA). it addressed the expiration of the Bush tax and activation of the Budget Control Act of 2011. It provided higher tax rates and established caps on tax deductions and tax credits for individuals with high-income levels. It attempts to end the income inequality in the U.S.
- The 2010 Tax Relief Act. It was passed by the U.S. Congress on 16th December 2010. It extended income tax for two years and patched alternative minimum tax to ensure more than 21 million households would not encounter a tax increase. It was useful since it gave middle-class individuals tax relief.
