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Why did the president raise taxes after The Louisiana Purchase?
Wiki User
∙ 10y ago
First, the President can not raise taxes. Only Congress can do that. Thomas Jefferson was the President who made the Louisiana Purchase. Money had to be borrowed from European bankers to make the purchase. I am not aware that Jefferson asked for any tax increases. There was no income tax in those days. Tariffs and duties were the main source of revenue. There were taxes on whiskey and certain commodities.
Wiki User
∙ 10y ago
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How The Louisiana Purchase affected Arkansas?
we had to start paying the taxes at the stores
Where did the money for the Louisiana purchase come from?
The US payed about 15 million dollars to buy the Louisiana Purchase to the French.
Why did farmers have to pay for using the port at new Orleans before the Louisiana purchase?
Farmers had to pay for using the port at New Orleans before the Louisiana Purchase because it was controlled by Spain. Spain, which had acquired the Louisiana Territory from France, required farmers to pay tariffs and fees to use the port for trading their goods.
When parliament passed the sugar act did it raise or lower taxes?
It Raised Taxes On inported goods
How does Louisiana make their money?
Louisiana makes money in a variety of ways, including from income tax, sales tax, corporate tax, gambling fees, tobacco taxes, oil and gas revenue, tourism, timber sales, agricultural taxes, and severance taxes.
How The Louisiana Purchase affected Arkansas?
we had to start paying the taxes at the stores
Can a president raise or lower taxes?
No. The President has no power over taxes. He can ask Congress to raise the income tax, but they tend to do what they want to do. President Obama did ask Congress to increase the income tax on high incomes.
Which us president promised not raise taxes than did?
g.w.bush
What happens when the house of representatives want to raise taxes?
They pass a bill to raise taxes which becomes law if the Senate also passes it and the president signs it.
Which president promised not to raise taxes but did?
George H. W. Bush promised not to raise taxes but conditions made that impossible.
When did President Obama force Congress to raise Gasoline Sales Taxes?
Pres. Barack Hussein Obama did not force Congress to raise gasoline sales taxes. The president wanted Congress to raise the federal gasoline excise tax but the Republican led House refused to do so.
Does Congress raise taxes or the President by Executive Order if Congress doesn't his proposal?
Only Congress has the power to legislate taxes. Not even by executive order can a president do so.
What was President Jackson like being president?
President Jackson was elected the 3rd president. Thomas Jefferson was not just a president but an inventor as well. The first thing Jefferson did was lowered the taxes and reduced the size of the army. He bought the French's land of Louisiana so the french had money to fight great Britian. This land that Thomas Jefferson bought is called the Louisiana Purchase. The US started by adding 530 acres.
Should the president raise taxes in the periods of recession?
Should the president kill puppies in the periods of recession? - all the same to me
In periods of recession the president and congress should raise or lower taxes?
Republicans will lower taxes making more money available for the private sector to provide products and services.Democrats will raise taxes and try to stimulate the economy through government spending and social programs.
Does President Obama have a plan to lower US's national debt?
YES, he is going to raise taxes on the higher class.
Is to raise taxes noun-object of the sentence in She wanted to raise taxes?
"to raise taxes" is an infinitive phrase. It is used as a noun-object of the verb "wanted" in this sentences.
