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Lot #157
Richard Nixon

"I do not share the left's concern that VAT-type taxes are overly regressive. But I am skeptical about whether Congress can be trusted with new revenues with no strings attached"

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Description

"I do not share the left's concern that VAT-type taxes are overly regressive. But I am skeptical about whether Congress can be trusted with new revenues with no strings attached"

TLS signed “RN,” one page, 7.25 x 10.5, personal letterhead, October 16, 1989. Nixon writes to Robert Finch. In full: “I would favor some VAT-type taxes, so long as the revenues from them were pegged by statute to a specific need, such as fighting drugs or crime. Such taxes should also be enacted with a five-year limit so that the Congress would have to reexamine whether the need was being met and whether the new revenue continued to be necessary or sufficient. I do not share the left’s concern that VAT-type taxes are overly regressive. But I am skeptical about whether Congress can be trusted with new revenues that come with no strings attached.” In fine condition, with a few wrinkles and a paperclip impression at the top of the page. Pre-certified John Reznikoff/PSA/DNA and RRAuction COA.

Auction Info

  • Auction Title:
  • Dates: #369 - Ended April 13, 2011





This item is Pre-Certified by PSA/DNA
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