THE RISE OF POLITICAL CONSERVATISM 1980 1992
PRESIDENT RONALD REAGANS FOREIGN POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Raise taxes so that the government can redistribute money to help the underprivileged.
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Lower taxes and reduce government regulations so as to allow people to more freely pursue prosperity.
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Funding government job training programs to help more people get government jobs.
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Increase welfare payments so that people don’t need to work to earn income.
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Detailed explanation-1: -Fiscal conservatives advocate tax cuts, reduced government spending, free markets, deregulation, privatization, free trade, and minimal government debt. Fiscal conservatism follows the same philosophical outlook of classical liberalism. This concept is derived from economic liberalism.
Detailed explanation-2: -Because high-income households pay a larger share of their income in total federal taxes than low-income households, federal taxes reduce income inequality.
Detailed explanation-3: -Progressive taxation helps reduce poverty.
Detailed explanation-4: -Policies that directly reduce income inequality The range of employment-related policies includes strengthening collective-bargaining rights, full-employment schemes, living-wage policies, stronger minimum-wage laws, and wage subsidies.