Hannah Croy

Mr. W
Honors US History
12 May 2017

I. Use the cartoon to answer a, b, and c.

a. Briefly identify the main point expressed by the artist of
the political cartoon
Calvin Coolidge is singing praise to big businesses by taking a
laisse faire approach with the government. The big business
is dressed as a flapper in representation of the access money
they are saving and the radical or skeptical things that
businesses could get away with.
b. Briefly explain ONE policy example from the 1920s that
supports that point of view.
Calvin Coolidges laisse faire approach to government policies
and the establishment of the Bureau of the Budget lead to
Andrew Mellon to seek support from Congress to have tax
reductions. These tax reduction policies were granted by
Congress and enacted until 1926.
c. Briefly explain ONE impact of the policy you described in
Part B.
The tax reductions caused huge drops in tax payers money that
made over one million dollars. Before Andrew Mellon, those
workers paid around $633,000 in taxes; now, the same worker
only paid around $200,000. This was around a 70% reduction on
high income tax payers. Because of this, the amount of tax
revenue to the government shifted from high class to middle
class citizens.