Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Mellon tax plan | Statement: [Revenue Act of 1926, inspiredByPolicy, Mellon tax plan]

Target entity: Mellon tax plan
Context triple: [Revenue Act of 1926, inspiredByPolicy, Mellon tax plan]

• A. Mellon tax cuts of the 1920s chosen
  The Mellon tax cuts of the 1920s were a series of U.S. federal income tax reductions championed by Treasury Secretary Andrew Mellon that significantly lowered top marginal rates in an effort to spur investment and economic growth.
• B. Simpson–Bowles deficit reduction plan
  The Simpson–Bowles deficit reduction plan is a bipartisan U.S. fiscal reform proposal issued in 2010 that recommended spending cuts, tax reforms, and entitlement changes to reduce the federal budget deficit and stabilize the national debt.
• C. Gramm–Latta Budget
  The Gramm–Latta Budget was a landmark 1981 U.S. federal budget package that implemented President Ronald Reagan’s early economic agenda, featuring major tax cuts and reductions in domestic spending.
• D. Kennedy tax cut
  The Kennedy tax cut refers to the major early-1960s U.S. income tax reduction championed by President John F. Kennedy and enacted in 1964 to stimulate economic growth.
• E. Baker Plan
  The Baker Plan was a 1985 international debt strategy proposed by U.S. Treasury Secretary James Baker to address the sovereign debt crisis of developing countries through new lending combined with economic reforms.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.