The action Thomas Jefferson took to lower the national debt was that he streamlined government and increased sales of federal land.
Jefferson streamlined government and increased sales of federal land
Jefferson streamlined government and increased sales of federal land
Jefferson streamlined government and increased sales of federal land
Jefferson reduced military expenses to lower the national debt
Jefferson reduced military expenses to lower the national debt
Tariffs and money collected from sales of western lands were the chief sources of revenue when Jefferson was president.
he supported lower class people.
Thomas Jefferson disagreed that paying all states back would waste all money
Thomas Jefferson reduced taxes primarily by eliminating the federal excise tax on goods, which had been a significant source of revenue. He also aimed to reduce the national debt, which allowed for lower overall tax rates. Jefferson's administration focused on cutting government spending and promoting fiscal responsibility, thereby easing the tax burden on citizens.
Yes, him and Washington worked together to lower taxes, finally 3 years later president Lincoln was the first president to actually lower the taxes.
Thomas Jefferson's greatest failure was his stance on slavery. While he spoke out against slavery and recognized it as a moral wrong, he was unable to take effective action to end it. Despite being the author of the Declaration of Independence, which proclaimed that "all men are created equal," Jefferson owned slaves throughout his life and did not make significant efforts to abolish the institution.
He streamlined the bureaucracy and increased the sales of federal land. -Novanet