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Exam Questions Harvard Public Finance

Harvard. American Taxation, course description, enrollment, and final exam. Bullock and Huse, 1909-1910

Time to add more economics course artifacts from Harvard in the early 20th century. By 1910 the division of labor regarding the economics curriculum was well-established with Charles Jesse Bullock serving as point man in public finance, especially for taxation.

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Readings

Cf.  “Taxation” bibliography by Charles Jesse Bullock in Francis G. Peabody, et al. A Guide to Reading in Social Ethics and Allied Subjects, Lists of Books and Articles Selected and Described for the Use of General Readers. Cambridge, Mass.: Harvard University, 1910, pp. 54-56.

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Previously posted material
from earlier years

1906-07
1907-08
1908-09
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Course Announcement and Description
1909-10

*16 1hf. American Taxation. Half-course (first half-year). Mon., Wed., Fri., at 9. Professor Bullock.

This course is designed for graduate students and for undergraduates who are especially interested in public finance. It cannot be elected by students who have taken Economics 7 [Public Finance course exclusively offered to undergraduates], except by express consent of the instructor.

The course is devoted to American Taxation, — federal, state, and local. One or more reports calling for independent investigation will ordinarily be required. Special emphasis will be placed upon questions of American finance.

Source: Official Register of Harvard University, Vol. VI, No. 29 (23 July 1909). History and Political Science Comprising the Departments of History and Government, and Economics, 1909-10, p. 60.

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Course Enrollment
1909-10

Economics 16 1hf. Professor Bullock and Dr. [Charles Phillips] Huse. — American Taxation.

Total 31: 6 Graduates, 12 Seniors, 10 Juniors, 2 Sophomores, 1 Other.

Source: Harvard University. Report of the President of Harvard College, 1909-1910, p. 45.

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ECONOMICS 16
THE THEORY AND METHODS OF TAXATION
Mid-year Examination, 1909-10

  1. On what two distinct grounds has progressive taxation been advocated? Give your opinion of each.
  2. Discuss the incidence of a tax on the gross profits of a monopoly; on a real estate mortgage; on the land and buildings in a decadent city.
  3. Describe the Massachusetts method of taxing personal property, mortgages, income.
  4. What are the defects of the general property tax as administered in Massachusetts? What remedies have been suggested to correct these?
  5. Compare the British and the Prussian income taxes, pointing out similarities and differences. What lessons can be learned from a study of these taxes?
  6. What has been the experience of the United States with income taxes?
  7. Compare the customs systems of the United States and England. Write a brief history of each since 1890, for the purpose of bringing out its merits or defects.
  8. Describe the Massachusetts method of taxing corporations. How does the rate of the Massachusetts tax compare with that of the Federal corporation tax?

Source: Harvard University Archives. Harvard University, Examination Papers, 1873-1915. Box 9, Bound vol. Examination Papers 1910-11; Papers Set for Final Examinations in History, Government, Economics,…,Music in Harvard College (June, 1910), p. 50.

Image Source: No Income Tax! by Charles Jay Taylor, a scene at the Income Tax Office with a crowd clamoring at the door where a notice states “One at a Time”; inside, a wealthy man is standing by a desk, on the floor at his feet, in his hat, are papers labeled “Personal Property Tax Sworn Off”, “Tax on Capital Sworn Off”, and “Tax on Investments”, he kisses the Bible while a government official sits at the desk with his right hand raised. Cover of Puck, v. 34, no. 881, (1894 January 24). Library of Congress Prints and Photographs Division Washington, D.C.