Question

Robert Morris proposed a 10 percent tax on imported goods to help pay the national debt. True or false

Answer 1

Answer:

FALSE

Explanation:

Robert Morris was a financer and one of the Founding Fathers. He issued a pamphlet called “Report on Public Credit” which was an economic plan that called for the payment of the US’s war debt. To do so, Morris created new revenue measures, taxing slaves in various states and pushed for the creation of a federal tariff of FIVE percent on imported goods.

Answer 2

False, Robert Morris proposed a 5 percent tax on imported goods!