Defending the Articles of Confederation: A Reply to Dougherty
Russell Sobel
Public Choice, 2002, vol. 113, issue 3-4, 287-99
Abstract:
This reply addresses the issues raised by Dougherty (forthcoming) in response to my 1999 article in this journal. I also develop a new graphical model of the optimal collection rate under the Articles, where states made contributions, and contrast it to the revenue potential from direct taxation. I believe that despite Dougherty's criticisms, my argument remains valid. While the Articles were not perfect in an absolute sense, that when more properly viewed in a comparative manner, that the system of state contributions for raising revenue under the Articles was (and still is) superior to a system of direct federal taxation. Copyright 2002 by Kluwer Academic Publishers
Date: 2002
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