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To What Extent Was Taft An Effective President?

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So, was Taft an effective president? Yes, Taft was an effective president; sure he had his mistakes, but his good decisions outweighed the bad, making him effective. He initiated more than 80 antitrust lawsuits against big corporations, more than his mentor Roosevelt. Even with the ineffectiveness of the Payne-Aldrich Tariff Act, the Panama Canal act and the Mann-Elkins Act made up for it big time. The Canal Act benefited American businesses and consumers through tax-free use of the Canal and the Mann-Elkins Act decreased the cost of train tickets for average citizens. Then Taft gained 13 million dollars in revenue, and the 16th Amendment legalized income tax.

The Payne-Aldrich Act, which was supposed to lower tariffs on imported goods, helping foreign businesses and …show more content…
This was great because this prevented major companies from getting even bigger until almost all competition was gone. This would be bad because this would make it so the major company with the monopoly could sell what ever quality of goods they wanted because they had no competition, so why bother making good products? His antitrust actions really benefited the consumers because they got better goods for cheaper, since there are more companies competing over customers always trying to make better goods for cheaper. Moving on, the Panama Canal Act was beneficial because it was good for American businesses by letting them pass through the Panama Canal without paying or going all the way around South Africa just to get to California. Next, the 16th Amendment was passed legalizing income tax, which raised money for the government as opposed to just taxing goods. After legalizing individual income tax, Taft legalized corporate income tax, which gained the government 13 million dollars, by taxing businesses. Finally, Taft passed the Mann-Elkins Act,

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