| A | B |
|---|
| 16th amendment | income tax |
| 17th amendment | direct election of U.S. Senators |
| Bull Moose/Progressive Party | Teddy Roosevelt's party in 1912 election |
| Election of 1912 | Three way race, Taft and Roosevelt split votes so Wilson wins |
| "New Freedom" | Wilson's Progressive Plan of reforms |
| Clayton Anti-trust Act | new and improved anti-trust act- can't be used against striking workers |
| Federal Reserve Act | regulates the banking industry |
| Federal Trade Commission | regulates big business practices, especially for when two companies want to combine/merge |
| President Taft | Progressive President, sued more trusts than Roosevelt, angered Progressives by supporting high tariff (tax on imported goods) |
| President Wilson | won 1912 election, Progressive plans included break up of ALL trusts, regulation of banking and big business |
| 18th amendment | prohibition of alcohol until 21st amendment repealed the amendment |
| Eugene Debs | ran as the socialist party candidate in 1912 |
| income tax | tax paid both by corporations and individuals based on how much they make |
| sales tax | paid on retail purchases |
| estate tax | also called the "death tax" paid on a person's worth at death |
| property tax | paid by home owners to pay for local and state services such as education |
