Yes the tax remained on tea
A major progressive business reform that President Taft enacted was the "<span>breaking up large monopolies", since these monopolies were seen as being highly detrimental to the economy. </span>
"I hope therefore that for our own sakes as a part of the people, and for the sake of posterity, we shall act heartily and unanimously in recommending this Constitution (if approved by Congress & confirmed by the Conventions) wherever our influence may extend, and turn our future thoughts & endeavors to the means of having it well administred."