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Yes, Robert Morris, who served as the Superintendent of Finance during the Articles of Confederation period, proposed a 5% tax on imported goods, not a 10% tax. This proposal aimed to generate revenue for the federal government and reduce the national debt. However, the plan ultimately failed to gain sufficient support from the states and was not implemented.

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How did Robert Morris propose to help pay the national debt?

by taxing imported goods


What did Robert Morris propose to help pay the national debt?

Robert Morris proposed a 5 percent tax on imported goods to help pay the national debt Robert Morris proposed a 5 percent tax on imported goods to help pay the national debt


Did Robert Morris propose a 10 percent tax on imported goods to help pay the national debt?

Yes, Robert Morris proposed a 10 percent tax on imported goods as part of his broader financial plan to help pay off the national debt of the United States after the Revolutionary War. This proposal was part of his efforts to stabilize the nation's finances and create a reliable source of revenue. However, the tax was never implemented due to lack of support from Congress.


How did Robert Morris propose to pay off the national debt left over from fighting the Revolutionary War?

He proposed 5% sales tax on imported goods.


What did Robert Morris prose to help pay the national debt?

Robert Morris proposed the establishment of the National Bank to help pay off the national debt. He believed that a centralized banking system would provide stability and enable the government to borrow and manage funds efficiently. His plan was eventually adopted, leading to the creation of the First Bank of the United States in 1791.


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