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 cuts | Statement: [Revenue Act of 1926, partOf, Mellon tax cuts]

Target entity: Mellon tax cuts
Context triple: [Revenue Act of 1926, partOf, Mellon tax cuts]

• 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. 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.
• C. Clinton deficit reduction act
  The Clinton deficit reduction act was a major 1993 U.S. budget law that raised taxes and limited spending in an effort to reduce the federal deficit during President Bill Clinton’s administration.
• D. Economic Recovery Tax Act of 1981
  The Economic Recovery Tax Act of 1981 was a major U.S. federal law that sharply reduced income tax rates and accelerated depreciation in an effort to stimulate economic growth under President Ronald Reagan’s supply-side economic program.
• E. 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.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.