In this speech, Lyndon Johnson explains the "Profound impact on the American economy" after income taxes were reduced in 1964 and addresses the need to reduce excise taxes and to increase "User charges."

Additional Tags

excise tax, tax reduction, user charges, johnson's domestic policies, lyndon baines johnson administration, lyndon baines johnson administration (1963 to 1968)

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Classroom Considerations

• Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
• The intended use for this resource is Instructional