The Republicans who came to power continuously after Abraham Lincoln felt that they had done a lot for the blacks and South America. The Republican Party gradually became the party of the rich. As the rich people got associated with it, their policies also started being made in the interest of the rich.
While the Industrial Revolution had abolished slavery in the northern part of America, the agricultural and comparatively poor southern states were strongly against its abolition. The Whig Party was destroyed in the confusion over whom to support. Some members of this Whig Party formed the Republican Party. Abraham Lincoln won the presidential election of 1860. Lincoln became one of the greatest presidents in history not only because of his decisions. Because of the Civil War, the Republican Party remained in power for the next several decades. A myth also started that the Republican Party is with the blacks and the Democratic Party is with the whites. But this also changed with time.
A virtue done in the past becomes the inspiration for infinite sins in the present and future. The Republicans who came to power continuously after Abraham Lincoln felt that they had done a lot for the blacks and South America. The Republican Party gradually became the party of the rich. As the rich people got associated with it, their policies also started being made in the interest of the rich. This went on for 60-70 years. Due to these policies, everything from business to stock market went haywire. Then comes Black Tuesday of 1929, the American stock market crashes. The Great Depression began and the Democrats began to appear to people as a better option.
Tax reductions are expected if the Republican Party comes to power. Republicans call the wealth tax a death tax. The Republican Party’s famous Ronald Reagan had reduced it for everyone under his Economy Recovery Act of 1981. Republicans have stood with their core vote bank on the issue of minimum wage. He says that increasing it hurts middle class businessmen. Arms control has been the most important issue. In 2018, Trump had said on the incident of firing at a school that teachers should also keep guns. It is clear that the Republican theory is on the lines of iron cuts iron.