Question

In 1949, president harry truman succeeded in getting congress to pass select one:

a. civil rights legislation.
b. nationalized health care.
c. federal aid to education.
d. aid for public housing.
e. significant tax cuts.

Answer 1

E. Significant Tax Cuts

Truman increased the tax credits to $40 per individual and $40 per dependent. So, a family of 4 had a $160 cost of living tax credit. He made up for lost tax revenue by increasing taxes on corporations. These tax changes were ultimately beneficial to the economy.